Published on 30 Sep 2024 on Insider Monkey · via Yahoo Finance
Cerence Inc. (CRNC): Worst 52-Week Low Stock to Buy Now
We recently compiled a list of the 15 Worst 52-Week Low Stocks to Buy Now According to Short Sellers. In this article, we are going to take a look at where Cerence Inc. (NASDAQ:CRNC) stands against the other Worst 52-Week Low Stocks.
The U.S. Federal Reserve conducting a 50 basis point interest rate cut was the catalyst that stocks needed to bounce back from a period of stagnation. After weeks and months of uncertainty about what the Fed would do, certainty is slowly creeping into the market, helping bolster investor sentiments.