$Reddit(RDDT)$ After the recen

$Reddit(RDDT)$ After the recent surge, Reddit's stock remains an intriguing investment opportunity. With plans to diversify revenue streams through marketplace expansion, innovative product launches, and robust content moderation, Reddit is poised for continued growth. Considering its potential for market disruption and strategic initiatives, I believe Reddit's target price could reach $70 in the near term.

After Reddit Surge, Still Worth Buying or Not?

Reddit jumped 5% after it beat Wall Street’s revenue expectations and raised its forecast in its first earnings. ---------------- After Reddit's 15% post-earnings surge, is it still a good time to get on board? What's your target price for Reddit?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":304592090067120,"tweetId":"304592090067120","gmtCreate":1715397890758,"gmtModify":1715397894725,"author":{"id":4092890920697680,"authorId":4092890920697680,"authorIdStr":"4092890920697680","name":"Tiger V","avatar":"https://community-static.tradeup.com/news/929ef5d38a3a27e3d8f60d939883e7bb","vip":2,"userType":2,"introduction":"Experienced Bank Audit Specialist, ACCA qualified, with 20+ years in stock, options, & futures","boolIsFan":false,"boolIsHead":false,"crmLevel":5,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.04.11","individualDisplayEnabled":0},"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.07.08","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"fanSize":1536,"starInvestorFlag":true,"starInvestorFollowerNum":868,"starInvestorOrderShareNum":150,"userFollowInvestorFlag":false,"orderNotificationFlag":false,"ror":44.49,"showRor":true,"investmentPhilosophy":"Focus on diversify LT growth thru strategic allocation across asset class & rigorous risk management","winRationPercentage":53.465347,"navOrReporedYield":0},"themes":[{"themeId":"ea68e69482844c0790752e181a459c14","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"After Reddit Surge, Still Worth Buying or Not?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":ea68e69482844c0790752e181a459c14}&rnconfig={\"headerBarHidden\": true}","description":"Reddit jumped 5% after it beat Wall Street’s revenue expectations and raised its forecast in its first earnings.\n----------------\nAfter Reddit's 15% post-earnings surge, is it still a good time to get on board?\nWhat's your target price for Reddit?\n\n\n\n","image":"https://community-static.tradeup.com/news/e9e837c82b6b864b5d21c2e6ac8e94f5"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/RDDT\">$Reddit(RDDT)$ </a> After the recent surge, Reddit's stock remains an intriguing investment opportunity. With plans to diversify revenue streams through marketplace expansion, innovative product launches, and robust content moderation, Reddit is poised for continued growth. Considering its potential for market disruption and strategic initiatives, I believe Reddit's target price could reach $70 in the near term.</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/RDDT\">$Reddit(RDDT)$ </a> After the recent surge, Reddit's stock remains an intriguing investment opportunity. With plans to diversify revenue streams through marketplace expansion, innovative product launches, and robust content moderation, Reddit is poised for continued growth. Considering its potential for market disruption and strategic initiatives, I believe Reddit's target price could reach $70 in the near term.</p></body></html>","text":"$Reddit(RDDT)$ After the recent surge, Reddit's stock remains an intriguing investment opportunity. With plans to diversify revenue streams through marketplace expansion, innovative product launches, and robust content moderation, Reddit is poised for continued growth. Considering its potential for market disruption and strategic initiatives, I believe Reddit's target price could reach $70 in the near term.","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":2,"favoriteSize":0,"link":"https://ttm.financial/post/304592090067120","repostId":0,"isVote":1,"tweetType":1,"viewCount":221,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["RDDT"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":356,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/304592090067120"}