Jim Cramer’s “PARC” stocks, Palantir, Applovin, Robinhood, and Coinbase, have outperformed the market. Palantir and Applovin surged over 400% and 300% in a year due to AI hype, while Robinhood and Coinbase increased about 350% and 50% respectively from the Trump administration’s embrace of cryptocurrencies. Retail investors favor these stocks.

The PARC stocks have high price-to-earnings ratios, making them some of the priciest stocks on Wall Street. Despite the speculation surrounding them, all four stocks are up between 2% and 5% since Cramer’s recommendation. Comparisons have been made to Cramer’s past acronym, FANG, which included Facebook, Amazon, Netflix, and Google parent Alphabet, all of which have experienced significant growth.

Cramer’s recommendation of the PARC stocks as the next big thing has sparked mixed reactions among investors. Some are skeptical that these stocks could be the new FANG stocks, while others believe they have the potential to continue their upward trajectory. Only time will tell if these stocks can maintain their momentum and live up to the hype.

Read more at Yahoo Finance: Are These Stocks the Next FANG? Jim Cramer Thinks So