Jim Cramer on Reddit: “I Think It’s an Incredibly Valuable Property”

Oh man, I’ve gotta archer you something. I’ve watched this Reddit. I’ve mentioned it successful How to Make Money successful Any Market. I ne'er thought it would get down this low. I deliberation it’s an incredibly invaluable property. It charges excessively small for advertising. It’s got a large radical of radical who are very, precise progressive successful perpetually checking the site. I’m sticking by Reddit. As a substance of fact, I’d similar to bargain immoderate banal close present astatine 27 times earnings.

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Reddit, Inc. (NYSE:RDDT) runs an online level that hosts communities wherever users link implicit shared interests, speech ideas, and stock contented specified arsenic posts, images, and videos. A caller asked astir the February 26 episode, and Cramer replied:

Oh, I deliberation you bargain Reddit. In my book, successful How to Make Money successful Any Market, I… struggled to marque it 1 of my implicit apical 5 stocks due to the fact that I deliberation it’s worthy truthful overmuch much than what it’s selling for. Let’s bargain that one.

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