investingStocks
#RI-69f856f7·5 months ago·
1
“I believe Reddit stock (RDDT) is a great value.”
What Actually Happened
And average revenue per user of $5.23 up 44%. Still a fraction of Instagram - despite highly targetable specific discussion groups
DAUs up 17%. Led by international up 26%. Revenue overall up 69% to $609 million and net income nearly doubled to $204 million.
They are buying back A Lot of shares while they are growing this fast.
At under 20X 2027 RDDT is a great value in my opinion.
What I wish I knew
"N/A"
Advice to Someone Facing This Now
If I could tell you one thing
"N/A"
Regret Index
5/10
Significant downsides.
Complicated feelings about the outcome.
Complicated feelings about the outcome.
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investing Category
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Same Outcome Band
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