Jim Cramer recently discussed AppLovin Corporation (NASDAQ:APP) as one of his favorite stocks, part of the ‘PARC’ group which includes Palantir, Robinhood, and Coinbase. APP shares have gained 43% YTD, with a 12% jump in August after beating Q2 EPS estimates. Wynn Resorts CEO Craig Billings is also on APP’s board, providing Cramer with confidence in the stock. While acknowledging APP’s potential, some AI stocks may offer greater returns with limited downside risk. For those seeking an inexpensive AI stock with potential benefits from Trump tariffs, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: Jim Cramer Likes A Casino CEO Board Member Of AppLovin Corporation (APP)