With this analysis, I am beginning my coverage of Cerence Inc. (NASDAQ: CRNC ) by issuing a ‘Hold’ rating for the stock for long-term investors. Although the company has been riding a strong wave of momentum overAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than fr ...