Reported 1 day ago
Jim Cramer recently praised AppLovin Corporation (NASDAQ:APP), highlighting its impressive 43% stock increase this year, fueled by its effective advertising model in video games. He noted that the company's positive momentum followed a strong Q2 earnings report and emphasized the presence of Wynn Resorts CEO Craig Billings on AppLovin's board as a sign of the company's stability. Cramer classifies AppLovin as part of his 'PARC' group of stocks, which includes other high-potential companies like Palantir and Robinhood.
Source: YAHOO