“I Wish I Owned” Reddit (RDDT), Says Jim Cramer
Group 1 - Reddit, Inc. (NYSE:RDDT) is highlighted as a stock that could benefit from AI-related trends despite its conservative capital expenditure strategy [1] - The company had a strong quarterly performance and is positioned to develop a leading training platform, which has not yet been monetized [1] - Reddit is identified as the third largest social media site, with a valuation that is believed to exceed $40 billion, indicating significant untapped potential [1] Group 2 - There is a belief that while RDDT has investment potential, other AI stocks may offer higher returns with lower risk [2] - A recommendation is made to explore a report on a cheap AI stock that benefits from Trump tariffs and onshoring [2]