Jim Cramer on Reddit: "I Bet It's Up This Time"

Reddit, Inc. (NYSE:RDDT) is one of the stocks on Jim Cramer’s recent game plan. Cramer finished his game plan with the stock, as he commented:

And then there’s Reddit, which seems to move in 20-point increments every time anybody says anything. I bet it’s up this time.

Reddit, Inc. (NYSE:RDDT) runs an online platform that hosts communities where users connect over shared interests, exchange ideas, and share content such as posts, images, and videos. A caller inquired about the stock during the January 16 episode, and Cramer said:

Holy cow. You know what, I was trying to think which one, which one, which one, because I’ve been watching this… It’s like a jumping bean, and it worries me that it’s so erratic. It’s almost like there’s not enough float. But I’ll tell you the truth: in How to Make Money in Any Market, I go over a couple of stocks that I think could be future winners, and I include Reddit, so I’m not backing down. I like the company Reddit right here.

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Disclosure: None. This article is originally published at Insider Monkey.