Your explanation is fine but could be a bit simpler for a 7-year-old. Here's an attempt:

Imagine you have a toy car that keeps going faster and faster, and you like to bet on which toy car will go the fastest. That's what momentum investing is all about - betting on stocks that are going up really fast.

Now, imagine if you had a toy car that not only was going fast but was also really cheap. That would be like finding a "fast-paced momentum at a bargain" stock. It's a great deal because you get a fast-moving toy car for a very low price.

Cerence (CRNC) is one of those stocks. It's like a supercharged toy car, and it's going really fast. Even better, it's still cheap, so you're getting a lot of bang for your buck.

That's why people like to invest in stocks like Cerence. They're like the supercharged toy cars of the stock market. Read from source...

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10. "This story is wrong, and I can prove it!" - story denialists.
11. "This story is wrong, and I can prove it!" - story fact-checkers.
12. "This story is wrong, and I can prove it!" - story skeptics.
13. "I don't believe this story is true, but it's entertaining nonetheless." - story entertainment value seekers.
14. "I'm going to argue with anyone who thinks this story is true!" - story deniers.
15. "I'm going to argue with anyone who doesn't believe this story is true!" - story skeptics.
16. "I'm going to argue with anyone who thinks this story is true!" - story believers.
17. "I'm going to argue with anyone who doesn't believe this story is true!" - story denialists.
18. "I'm going to argue with anyone who doesn't believe this story is true!" - story skeptics.
19. "I'm going to argue with anyone who thinks this story is true!" - story defenders.
20. "I'm going to argue with anyone who doesn't believe this story is true!" - story denialists.
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