RDDT target price of $40-50 for the 1st day

zookie
03-21

$Reddit(RDDT)$ I'm eyeing a target price of $40-50 for its first day of trading. Reddit's got some serious growth potential, which reflects my confidence in the company's future value

The fact that Reddit boasts a notably high profit margin, mainly because it's all about text-based interaction, sets it apart. This lower tech cost gives me good vibes about how it'll perform down the line

I'd describe Reddit as a real-deal AI company. Their investments in machine learning and data analytics are game-changers, boosting user experience and ad effectiveness. I reckon Reddit's ahead of the curve in this tech game, and that's gonna drive its continued growth

I'm banking on Reddit's huge potential in data licensing, possibly raking in tens of millions annually. That tells me Reddit's got a solid handle on being data-driven, and I'm expecting big things from their ability to turn user-generated content and data into substantial revenue

And don't forget RDDT is the future of crypto

Reddit is Sinking! Will You Short the Meme Stock?
Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering. RDDT stock plunged Thursday. ------------ Is Reddit with insider selloff and short-sellers' move? What's your target price for Reddit?
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