In this [Under the Radar AI Stock | CRNC | Cerence Inc | Quick Take] video ๐ฅ, we take a close look at a potential under the radar AI company, CRNC. We will do a quick due diligence using two tools: FinViz and Chart Mill. CRNC is a technology software company that specializes in artificial intelligence and virtual assistant services for mobility and transportation. You can find links to the tools and resources we use on our homepage, beachbumtrading.com, under the trading tools section.
Upon further research, we can see that CRNC has recently turned profitable, with positive net income, EBITDA, and EPS. This, combined with being an AI play and possibly flying under the radar, makes it an interesting potential investment. The stock is currently trading around a multiple bottom and had a positive earnings beat in February.
However, we also need to keep in mind that it is a relatively small company with lower trading volume and could be considered a higher risk investment. This, along with its low solvency score, may make some hesitant to add it to their watch list. It may be worth doing a cash flow analysis on CRNC using our due diligence sheet to get a better handle on its financial health.
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๐ CHAPTERS ๐
00:00 – CRNC
05:22 – BeachBum Trading Sites
06:10 – Discord Invite
๐ฅ RELATED VIDEOS ๐
๐ฅ How To Do Your Due Diligence [DD] on Stocks in ChartMill | How To Do Due Diligence on Stocks ๐ https://youtu.be/op2lD_1Zbvk
๐ฅ How To Do Your Due Diligence [DD] on Stocks in FinViz | How To Do Due Diligence on Stocks | Tutorial ๐ https://youtu.be/58v49on6kIU
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๐ Please find and watch ๐ All of the ๐ฅ videos wherein we briefly show you how we perform some of with our Due Diligence [DD] on some other individual Stocks / Symbols / Tickers, All for FREE, in our [Due Diligence] Playlist at ๐ https://www.youtube.com/playlist?list=PLH_4RiO370FM49UzlSB7YUiAozukKIO4A
๐งฐ TRADING TOOLS USED IN THIS VIDEO ๐งฐ
๐ ๏ธ ChartMill ๐ https://bit.ly/3By9g4X
๐ ๏ธ FinViz ๐ https://bit.ly/3h7r8M3
๐ ๏ธ Seeking Alpha ๐ https://seekingalpha.com
๐ ๏ธ Webull โ Get FREE stocks with Webull ๐ https://bit.ly/3jKfvw5
๐ฝ REFERENCES ๐ฝ
๐ CRNC – Cerence Inc – Home Page ๐ http://www.cerence.com/
๐ Profile of Cerence Inc (CRNC) stock | ChartMill.com ๐ https://www.chartmill.com/stock/quote/CRNC?a=152324
๐ CRNC Cerence Inc Stock Quote ๐ https://finviz.com/quote.ashx?a=311864277&t=CRNC
๐ Weekly Trading Game Plan Notes for 4/8 โ 4/12/24 – Part 2 ๐ https://docs.google.com/document/d/1lyOL5-Bh8DsFto2mEtQzwY5889_i_DX3m8oWSiartJ0/edit?usp=sharing
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#CRNC #aistock #duediligence
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