Vested with initial price at US$53.50 and average price of US$57+.
Cerence used to be my biggest position. It has now gone to 2nd place due to my aggressive adding to Digital Turbine. Regardless, I have as much faith towards Cerence as I have towards Digital Turbine.
You can refer to my 1st article on Cerence here. There is information below that could be repetitive and if they are repeated it meant that this is VERY IMPORTANT.
I have also stated I have 2 portfolios– 1st one is mixed SG with US companies. 2nd one has 90% US companies. Thus, Cerence and Digital Turbine are in the 2nd portfolio, contributing almost 15% to the portfolio.
Without further ado, let’s get to the 25 Must Know about Cerence and why it remains a high conviction for me.
1. As per my first article, Cerence is a WHITE LABEL company that is behind the voice recognition/command