Name: RDDT 'Low-Cost Entry Point' for Advertisers, GOOGL & META Main Competition
Uploaded: 2025-02-12T21:18:25.82-06:00
Duration: 6 min 28 s
Description: Reddit (RDDT) ran up more than 500% since its IPO last March, and LikeFolio's Andy Swan points to its advertising platform as the main growth engine. He credits the company's use of A.I. to drive profits higher and expects the runway for growth to expand. However, valuation concerns hinder Andy's expectations for a post-earnings breakout.

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Reddit (RDDT) ran up more than 500% since its IPO last March, and LikeFolio's Andy Swan points to its advertising platform as the main growth engine. He credits the company's use of A.I. to drive profits higher and expects the runway for growth to expand. However, valuation concerns hinder Andy's expectations for a post-earnings breakout.

RDDT 'Low-Cost Entry Point' for Advertisers, GOOGL & META Main Competition

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