Last week's IPOs, the AI concept stocks, $Reddit(RDDT)$ - meme stock forum and $Astera Labs, Inc.(ALAB)$ , have surged by 75% and 136% respectively.How to choose from the two stocks?Reddit's options saw a maximum increase of 720% yesterday. Call options with strike prices between $50 and $75 are among the most actively traded contracts on Reddit.Sam Altman, OpenAI’s CEO, is the largest shareholder in Reddit as well.$Astera Labs, Inc.(ALAB)$ provides products that can integrate various data center components, securing deals with major AI chipmakers such as $NVIDIA Corp(NVDA)$ and
ALAB Pullback? Time to Add or Exit?
Astera Labs rose to $95 but then pulled back with the broader market. ---------------- Is a good time to add or exit? Backed up with big guys, will the chip company repeat trend of ARM? What's your target price for Astera Labs?
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