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InvestingStocks
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2 days ago
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"I believe Reddit stock (RDDT) is a great value."

0

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.

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