Cerence Stock Forum

$Cerence(CRNC.US)$ first stack going in

Gainers:
In reaction to earnings/guidance:
• $GoodRx(GDRX.US)$ +38.5%,$EDGIO(EGIO.US)$ +13.5%,$Lemonade(LMND.US)$ +10.7%,$Desktop Metal(DM.US)$ +8.5%,$ShockWave Medical(SWAV.US)$ +8.2%,$Pubmatic(PUBM.US)$ +8.1%,$Olaplex(OLPX.US)$ +7%,$Vivid Seats(SEAT.US)$ +6.4%,$Noble(NE.US)$ +6.3%,$Aspen Technology(AZPN.US)$ +5.4%,$AAON Inc(AAON.US)$ +5%,$Hudbay Minerals(HBM.US)$ +5%,$Vivint Smart Home(VVNT.US)$ +4.9%,$Vivint Smart Home(VVNT.US)$ +4...

Upgrades
• $Allegiance(ABTX.US)$ : Raymond James Upgrades to Outperform from Market Perform - PT $43
• $Bunge(BG.US)$: JPMorgan Upgrades to Overweight from Neutral - PT $106 (from $130)
• $Cerence(CRNC.US)$ : RBC Capital Upgrades to Sector Perform from Underperform - PT $27 (from $28)
• $First Mid Bancshares(FMBH.US)$ : Raymond James Upgrades to Outperform from Market Perform - PT $45
• $Lamar Advertising Co(LAMR.US)$ : Citigroup Up...

Hey mooers
Merry Christmas! Wishing you and your family a wonderful Christmas and a blessed New Year!
For this week's sectors fund flow board, I include S&P 500 sectors year-to-today's performance. Let's check out how sector performed in 2021!
From this chart, you will be able to find out what sector ETFs have most fund inflow. Fund inflow is often considered as a bullish sign of the sector and related ETFs!
^Weekly Sectors Fund Flow Board: a sector ranking based on sector ETFs aggregate 3-month fund flows.
^3-month fund flows: a metric that can be used to gauge the perceived popularity amongst investors of different sectors.
The latest sector updates:
*Tech
Technology stocks were finishing near their intra-day highs, with the $The Technology Select Sector SPDR® Fund(XLK.US)$ Thursday rising 0.6% while the $PHLX Semiconductor Index(.SOX.US)$ was advancing 1.0% this afternoon.
In company news, $Mercury Systems(MRCY.US)$ jumped out to a 10% gain shortly before Thursday's closing bell following reports activist investors Jana Partners plan to discuss possible options to improve shareholder value, including a potential sale of the defense electronics contractor.
$Cerence(CRNC.US)$ rose 9.3% after the edge software components company Thursday announced its "largest contract" ever, with a $149 million deal to provide a European automaker with its connected, conversational artificial intelligence-powered automotive assistant products.
$Apple(AAPL.US)$ was 0.4% higher, overcoming early weakness that followed reports the tech giant has temporarily closed eight of its retail stores in the US and Canada amid rising cases of COVID-19.
*FIN
Financial stocks continued to pad their pre-holiday gains, with the $Financial Select Sector SPDR Fund(XLF.US)$ rose 0.5% this Thursday.
$Marathon Digital(MARA.US)$ rose almost 11.7% after Thursday announcing plans to buy a "record number" of additional Antminer S19 XP bitcoin mining devices.
*Consumer
Consumer stocks extended their Thursday advance, with the $Consumer Staples Select Sector SPDR Fund(XLP.US)$ climbed 0.2% while the $Consumer Discretionary Select Sector SPDR Fund(XLY.US)$ rose 1.4% this Thursday afternoon.
$Scientific Games(SGMS.US)$ climbed 9% after withdrawing its bid to acquire the 19% equity interest in mobile games company $SciPlay(SCPL.US)$ it didn't already own after the two sides were unable to finalize a deal.
$Nikola(NKLA.US)$ gained 18% after the electric truck-maker tweeted late Wednesday its "first customer delivery (was) done" with "more to come."
Source: ETF Database, Standard & Poor's, MT Newswires

I've been watching them for a bit, and I felt like they were a bit oversold on news today. Obviously they bounced nicely and were on the way up slowly before the rest of the market bounced. $Cerence(CRNC.US)$$Everbridge(EVBG.US)$$NUVEI(NVEI.US)$
Price to 2023 earnings is around 20 at this level and theyve got a pretty solid market presence. Question for them is can they expand outside the auto industry?

$Darling Ingredients(DAR.US)$ DAR- Darling Ingredients. Taking waste and making useful things. I think biodiesel is a great bridge fuel, and they own part of the largest refinery.
$Cerence(CRNC.US)$ CRNC- cerence. Building conversational AI for vehicles.
$Compass(COMP.US)$ COMP- Compass Inc. building a full service real estate business. If you've bought a house you know it's a pain to work with numerous people for each different step. They are bringing that all in house for a one stop shop.

$Cerence(CRNC.US)$ I was going through some old tips and rumors I had gotten in October and came across the stock and wanted to see its performance since and wow. Nio started using this company for Multilingual A.I. and that gave them INTERNATIONAL growth, exposure and demand. This stock is in PRICE DISCOVERY mode currently. I would like to own a piece. Would you buy at current prices?