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Jim Cramer has a surprising take on four 'meme' stocks
Jim Cramer has a surprising take on four 'meme' stocks originally appeared on TheStreet.
Meme stock buzz is heating up again.
On July 14, the Mad Money host Jim Cramer stirred chatter on X by suggesting two fresh acronyms for retail-favorite tech stocks: PARC (Palantir, AppLovin, Robinhood, Coinbase) and CARP (Coinbase, AppLovin, Robinhood, Palantir). He asked his followers which one they preferred, giving these trending names an extra push.
Cramer's post comes as these meme stocks trade mixed during Monday morning. Palantir (PLTR) shares closed at $142.10, down 0.28% in Monday's trade after reaching a session high of $144.58 The defense and AI-focused company remains a retail favorite, and in pre-market trading today, it edged up 0.20%.
Interestingly, AppLovin, the American mobile technology company's stock price, also bumped 1.46%, after the company's revenue for second quarter showed a 294.89% year-to-date return, as per reports.
Similarly, Coinbase (COIN), the largest U.S. crypto exchange, closed at $387.06, or down 0.49%, but demonstrated pre-market strength, up 1.64%. Crypto markets have continued to surge on news of institutional acceptance and positive regulation.
Robinhood (HOOD) fell 0.36% to $98.34, even after trading above $101 earlier in the session. The pre-market saw the trading platform up by 2.45%, a favorable indication of investor enthusiasm.
All three stocks fell moderately in Monday's session, though pre-market figures indicate robust investor demand.
Bitcoin is one reason for the rally in both AI and crypto-adjacent stocks, thanks to its push to an all-time high of $123,091.61 on July 14.
Jim Cramer has a surprising take on four 'meme' stocks first appeared on TheStreet on Jul 14, 2025
This story was originally reported by TheStreet on Jul 14, 2025, where it first appeared.
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