RDDT Stock Recent News

In the latest trading session, Reddit Inc. (RDDT) closed at $164.82, marking a +0.1% move from the previous day.

The Investment Committee give you their top stocks to watch for the second half.

The Investment Committee discuss the latest Calls of the Day.

Reddit (RDDT -1.45%) is one of the fastest-growing social media companies.

Reddit (RDDT -1.45%) has developed a new revenue stream thanks to artificial intelligence.

Many cryptocurrencies surged over the past year as expectations for milder macro headwinds and lower interest rates drove investors back toward riskier investments. However, cryptocurrencies are still notoriously volatile and hard to properly value.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

When investors look for the best opportunities in the stock market, one gauge they often look at is whether people (retail and professionals) are buying a stock. However, not many know that the same strategy can be flipped on its head, and it works better than focusing on only the buying side of the equation.

I review five of the top stocks of 2024, selected based on their price action, fundamentals and presence within leading tech themes. All five of these stocks trade at quite high multiples, headlined by IonQ at 230x forward revenue and Palantir at a 2021-esque 63x forward revenue and 32x 2027 revenue. If there's one major takeaway from this selection of 2024's top tech stocks, it's that being at the top comes with quite the price tag and premium.

2024 was another great year for growth stocks. But with so many growth stocks performing well, it can be difficult to narrow down what stocks should be on your buy list as we start a new year.