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    RDDT is one of the best buys atm

    My thesis on being bullish on Reddit is simple:
    1) None of us are going anywhere

    2) There is significant expansion opportunities for advertising

    3) It's market cap is 30b, which does not feel right (I know this sounds stupid, but it's true)

    4) Reddit is no longer only used by weird internet people, a lot of normal people are beginning to use the platform

    All I care about is scalability, and I think Reddit is positioned extremely well to expand its user count and advertising landscape.

    I come to Reddit daily because it's one of the few places that I can discuss certain topics with others, and I can't foresee this "communal" value being replaced by another platform in the near future.

    RDDT is one of the best buys atm
    byu/whitesweatshirt inwallstreetbets



    Posted by whitesweatshirt

    31 Comments

    1. liftingshitposts on

      Reddit is only used by weird internet ppl, but weird internet people are everywhere now

    2. TheCYKZ1 on

      Also any time users use AI for general questions which is like majority of regular users, Reddit is almost always in there as a reference.

    4. Puzzleheaded-Fly-658 on

      Last earnings were great. Why the deep drop the last six months?

    7. mr_stupid_face on

      If all Reddit was like WSB it would be great but all of those others mofos take themselves way too seriously.

      I still love those whiny bitches

    8. MaybeICanOneDay on

      Brother, the second there is a better alternative to the echo chamber fucking losers, I am gone.

    9. floo82 on

      Reddit is straight up dogshit, have you ever used it, or met the people who do? Fuck that

    10. Bong-Hits-For-Jesus on

      ive been saying the same thing. reddit is severely undervalued right now. a significant portion of their profit is not from ad revenue, its from selling access to AI companies to allow them to use them as a source of dataset to model their large language models, and in most of the subs you tend to have experts in fields such as physics, chemistry, biology, etc. there was a huge stink a while back when reddit made access to their API through a subscription when it used to be free. they did that so they can sell subscriptions to AI companies. reddit will always beat earnings

    11. EXPLODEDman on

      Talking about “ad expansion opportunities” on the platform you are talking about is like saying “there’s plenty more room for feces in MY car.”

    12. suns_fan13 on

      My mom told me she has been looking at reddit lately and is a fan. Downloaded the app lol. I went all in

    13. SeptikHeart on

      This platform is ass. The main subs all have mods that ban for dumbass reasons. 

    14. howtoretireby40 on

      Bruh, they’re only the 5th most visited website on the planet. No way anyone can monetize something that /s

    17. grandfatherdog on

      My understanding from reading reddit is that it’s never going up and nobody knows why.

    20. TycoonCyclone on

      It’s been sad watching everything else rip the last couple months, I have a big portion of my brokerage and am seeing this being a big data supplier to anthropic, google and OpenAI. Data deals will come out in the next year or two and I think we haven’t yet seen how much the internet is relying on Reddit

    21. Appropriate_Ad_2092 on

      Wait. I sold some calls below my cost basis. Don’t all go buying at once

    23. Apprehensive_Lion748 on

      RDDT is for weird internet people, and congratulations, we’re all weird internet people now.

    27. NiceOwner on

      Don’t tell me what to buy bag holder! (As I write on the stock you own).

    28. Dragongeek on

      1. People said the same thing about MySpace or Facebook

      2. I’m sceptical about advertising being sustainable or even a good idea. 

      3. That’s just like your opinion, man. 

      4. Normal people do not exist. 

      Ultimately, Reddit going public will likely one day be identified as the first step in the fall of Reddit in the post-mortem. 

    29. eddyg987 on

      I use Reddit daily and I keep seeing more and more ai slop, as soon as someone comes up with a no ai platform I’m jumping over

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