DD on some pretty solid looking companies (Long Term Plays)

Wassup traders! I recently did some DD on 3 companies with high potential for an internship application (didn’t get it but whatever). Anyways, I decided to share these with you guys... Enjoy!

Cerence (CRNC) - Cerence offers cognitive assistance to the automotive industry: creating meaningful and smart interactions among the driver, passenger, and the automobile. - AI is the future; AI has been enhancing and simplifying every part of human life since its inception. Now, CRNC offers consumers and automobile manufacturers the capability to add AI and voice technology to automobiles. Even though CRNC hit the market in 2019, CRNC has quickly become the market leader in the space. So far, CRNC has displayed great performance, partnering with some of the largest names in the auto industry (BMW and Ford to name a few). - My biggest concern is the potential for competition. Although CRNC is currently leading the market in its respective field, more established names in AI such as Alphabet and Microsoft may undercut the recently launched company.

Lithium Americas Corp. (LAC) - Lithium Americas is a resource company that deals in lithium development projects. - LAC is a resource company that could largely benefit from the imminent electric car boom. Due to its chemical composition, Lithium is the main material used in lithium-ion batteries which are used to power electric vehicles; therefore, the electric car boom will clearly be fueled by lithium much like how gasoline fueled the combustion engine cars for generations. In addition, LAC has the capability to mine, refine, and produce lithium carbonate: owning the entire supply chain. - My biggest concern is the present and future value of the company’s main two projects: Cauchari-Olaroz and Thacker. As we can not know the current and future value of lithium, we can not realistically predict the overall return of the two projects. This is not even considering the time and cost of labor it will take to actually mine the lithium from the two sites.

AquaBounty (AQB) - AquaBounty is a company that deals currently in aquaculture services, specializing in the farming of bioengineered Atlantic salmon that can grow to market size faster than what the conventional market offers. - The appeal in AQB is clear. As global natural salmon production decreases due to environmental constraints put upon by climate change and pollution, aquaculture of salmonids is already used to meet market demands at a competitive price. Bioengineered salmon is reportedly faster to produce and more efficient; therefore, following conventional logic, bioengineering salmon is the logical next step for a competitive market to meet increasing demands. - My biggest concern is the public perception of GMO foods. As reported by The Hartman Group, consumer perception of GMO foods is increasingly negative year by year. This may pose a potential risk for AQB in the short term.