Jim Cramer on Reddit: "Let's Buy That One"

Reddit, Inc. (NYSE:RDDT) is one of the stocks Jim Cramer put under the microscope. When a caller asked about the stock, Cramer stated:

Oh, I think you buy Reddit. In my book, in How to Make Money in Any Market, I… struggled to make it one of my absolute top five stocks because I think it’s worth so much more than what it’s selling for. Let’s buy that one.

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. When a caller asked about the stock during the January 16 episode, Cramer replied:

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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