Jim Cramer on Reddit: “Let’s Buy That One”

Reddit, Inc. (NYSE:RDDT) is one of the stocks Jim Cramer put under the microscope. When a caller asked about the stock, Cramer stated:

Oh, I think you buy Reddit. In my book, in How to Make Money in Any Market, I… struggled to make it one of my absolute top five stocks because I think it’s worth so much more than what it’s selling for. Let’s buy that one.

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Reddit, Inc. (NYSE:RDDT) runs an online platform that hosts communities where users connect over shared interests, exchange ideas, and share content such as posts, images, and videos. When a caller asked about the stock during the January 16 episode, Cramer replied:

Holy cow. You know what, I was trying to think which one, which one, which one, because I’ve been watching this… It’s like a jumping bean, and it worries me that it’s so erratic. It’s almost like there’s not enough float. But I’ll tell you the truth: in How to Make Money in Any Market, I go over a couple of stocks that I think could be future winners, and I include Reddit, so I’m not backing down. I like the company Reddit right here.

While we acknowledge the risk and potential of RDDT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than RDDT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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