- Entry
- $202.27
- Final
- $118.18 -41.6%
- Target
- $250.00
- Score
- -1.00
Reddit is one of the premier social media apps out there with a cheap valuation (never judge a growth stock by P/E) for its growth trajectory. Let's start with the fundamentals: 1. 2024 YE it had a 90.5% gross profit percentage, revenue grew by 62% (NVIDIA like growth??) and it became FCF positive. Next quarter revenue will be growing at 50% to ultimately end at 40% YoY based on guidance. I've been following $RDDT for quite some time and there …
— ORIGINAL POST ·
The Special Case for $RDDT
· r/investing
· Mar 15, 2025