RDDT · Reddit, Inc.Reddit, Inc.

RDDT is a core long at $137, but price has dipped below cost average.

Reddit's GAAP net income is artificially inflated by NOL carryforwards, but even adjusting for that, the company is extremely undervalued given its profitability.

Insider sales for RDDT are noise and should not be a concern for investors.

The author defends recent corrections in several stocks as minor relative to their prior gains, indicating continued bullishness.

Social media stocks are oversold and undervalued; AI will make them leaner and more profitable, making now a buying opportunity despite some concerns.

Bullish on multiple high-growth tech stocks including AAOI, NBIS, ARM, MRVL, SIVE, AMZN, RDDT, INTC, AMKR based on revenue ramp and long-term potential.

The post outlines a portfolio of long positions across optical, AI, semiconductors, energy, and other sectors, with specific revenue ramp projections and long-term bets.

RDDT's account verification using personal info could drive targeted ad revenue similar to META.

Buying beaten-down names (MSFT, RDDT, HOOD, IBIT) as rate cut odds spike, suggesting a potential rebound.

The sell-off in RDDT is driven by macro factors, not fundamentals. Stock will recover when macro environment improves.

Bullish on TTD, HIMS, and RDDT with specific price targets: TTD 40-50% upside to low 30s, HIMS mean reversion to $40, RDDT recovery to $200+ in better macro.

RDDT posted a blowout quarter with strong revenue growth, EPS beat, high gross margins, and GAAP profitability, indicating a high growth money printer.

RDDT has absurd profitability and high growth; valuations will catch up to fundamentals eventually.

Reddit's strong earnings, FCF growth, and net income will outweigh AI disruption narratives, leading to outperformance.

Reddit posted a blowout quarter with 69% Y/Y revenue growth, 91.5% gross margins, and GAAP net income ~31% of revenue. Strong cash flow generation and continued rapid growth expected next quarter.

Reddit is a growing money printer that will head back to $200+ after a blowout quarter despite being down YTD.

RDDT remains the most compelling large-cap software/social media stock; expects it to recover to $200+ after a blowout quarter.

RDDT is a compelling non-AI name due to fast growth and true profitability post-earnings, yet it is underperforming the market.

RDDT is a profitable, high-growth name overlooked by a market fixated on AI capex spending.

RDDT is an extremely profitable growth company but market price hasn't reflected its fundamentals yet.