Cerence: This Legacy Auto Supplier Belongs In The SaaS Trash Junkyard – Behind The Idea (NASDAQ:CRNC)

This article was selected to be shared with PRO subscribers, who also got 7 days’ exclusive access to The Friendly Bear’s original Top Idea on Cerence (NASDAQ:CRNC). The Friendly Bear is an individual investor who primarily focuses on short ideas. Find out more about PRO here.

Seeking Alpha: Can you briefly summarize your bearish thesis for readers who may not have seen it yet?

The Friendly Bear: Cerence is just a boring automobile OE supplier that has temporarily benefited from investor excitement over terms such as AI and SaaS. In my view, there is little substance to the hype story. Cerence used to have dominant market position, but there is nothing that differentiates its technology today and it is facing up against large technology companies that have R&D budgets larger than Cerence’s entire market cap. These large technology companies are focused on getting into cars, homes, your phone,

Read More

Read More

Mercedes Junkyard Parts – These Parts Are Old To Someone Else But New To You!

Whether you are a seasoned car enthusiast or a new comer in the automobile industry, there is one thing that never changes at all. Car makes come and go, models are changed but there are some vehicles that will never change and yet they are always modern in fashion.

You may wonder what I am talking about, well it is a Mercedes Benz car. Whatever happens around the car industry, Mercedes Benz is a car that is among the top range makes. Even if this type of car is very old, you will always trust its reliability. If you decide to visit a Mercedes junkyard parts showroom, yes you read it well, Mercedes junkyard parts showroom, you will be surprised to find countless sound parts there too.

Many times I do hunt for my Mercedes car parts in the Mercedes junkyard parts and I have not been disappointed at all. … Read More

Read More