Opinions
Jim Cramer - Mad Money
Cerence
CRNC-Q
BUY
Jan 26, 2022
It has contracts with everybody in the car industry. As the carmakers overcome the semis shortage and ramp up production, CRNC will bounce back.
$59.240
Stock price when the opinion was issued
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COMMENT
The world leader in car voice and A.I. that connects to third-party apps, like Starbucks, in 325 million cars worldwide, including 50% of every car sold in 2020. Shares have had a huge run, from $15 to $111 after Nuance spun it off two years ago. Yet, shares are down $20 from this year's highs.
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