Jim Cramer Highlights Reddit’s Solid AI Potential
Group 1 - Reddit, Inc. (NYSE:RDDT) has shown significant financial growth, with nearly 70% revenue growth and impressive margins, including a 91% gross margin and a 40% adjusted EBITDA margin [1] - The stock experienced a notable increase of 7.5% last Friday, indicating positive market sentiment towards the company's performance [1] - Reddit operates an online platform that facilitates community engagement, allowing users to connect over shared interests and exchange various types of content [2] Group 2 - While Reddit presents potential as an investment, there are other AI stocks that may offer greater upside potential and lower downside risk [3]