Reported about 12 hours ago
Jim Cramer has introduced a new acronym, 'PARC,' representing four high-performing stocks: Palantir (PLTR), Applovin (APP), Robinhood (HOOD), and Coinbase (COIN). These stocks have seen significant gains over the past year, driven by trends in artificial intelligence and cryptocurrency. Despite some skepticism and meme stock comparisons, all four have gained between 2% and 5% since Cramer's endorsement, echoing the success seen with his previous 'FANG' stocks.
Source: YAHOO