Jim Cramer on Cerence (CRNC): "I Think You've Got a Winner"

We recently published a list of Jim Cramer Talked About These 16 Stocks Recently. In this article, we are going to take a look at where Cerence Inc. (NASDAQ:CRNC) stands against other stocks that Jim Cramer discussed recently.

A caller asked for Cramer’s perspective on Cerence Inc. (NASDAQ:CRNC), and he replied:

“I like Cerence, and I also happen to like Brian Krzanich, the CEO. I am partial. They make money. I think you’ve got a winner. I was actually trying to figure out whether I could justify doing a piece on it because it’s not that expensive. Cerence is a winner, and Brian’s always welcome on the show, as we know.”

Cerence (NASDAQ:CRNC) provides AI-based virtual assistants and conversational tools that include speech recognition, natural language processing, and text-to-speech technology. The company also delivers edge software, cloud-based features, and professional support for the mobility and transportation industry. It is worth noting that earlier in February, Cramer was also bullish on the company as he said:

“Now, Cerence actually has some game. They had that good partnership. Let’s go with Cerence. You know why? I’ll tell you why. Because it’s down huge from $27 down to $12. I think you got a real interesting level. Let’s pull the trigger.”

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.