RDDT
Reddit, Inc.
BUY
Sentiment
Bullish
Confidence
High
Timeframe
Long-term
Holding
Yes
Buy Under
$147.00
Condition
"around $147"
AI Analysis

The investment signal for Reddit, Inc. (REDDIT) arises from the current market correction in June, where the stock is down nearly 40% from its all-time highs despite achieving one of its best quarters ever, with a year-over-year growth of 69%. Whymattrs expresses a bullish view on Reddit, highlighting its transition from zero operating profit to $183 million, alongside a strong cash position of $1.37 billion and zero debt. The stock is trading at a forward price-to-earnings (PE) ratio of 25, which is considered attractive given the company's growth rate of 60%. Whymattrs plans to accumulate shares heavily at around $147, indicating a long-term investment strategy. This implies that investors tracking this signal should consider entering at the specified price level, as the investor anticipates significant upside potential driven by Reddit's valuable human conversation data for AI training and its emerging revenue streams.

Source
W
@whymattrs
Trust 9/10
Posted June 9, 2026 · 3:05 PM PDT
DZYYjPaOD3R
Price Chart
Market Data
via Yahoo Finance · live
$161.70
+7.18%
Market Cap
$31.11B
P/E (TTM)
37.6
Fwd P/E
16.8
Beta
2.03
52-Week Range
$119.27
$282.95
Volume 4447551
Avg Volume 5209091
Communication Services Internet Content & Information
Reel Summary

Recommends aggressively accumulating shares of Meta under $600, adding heavily to Reddit at around $147, and believes Netflix will outperform the broader market.

Reel Transcript
View reel
Here are three undervalued stocks I'm going to be buying in this June market correction. At number one is Meta. It's down 25% from its all-time highs and it's the most obvious buy in the market right now, in my opinion. Meta is considering raising tens of billions of dollars in new shares on top of the 145 billion dollars they're already spending on AI infrastructure and the market is punishing them for it. But what's interesting is that Meta doesn't monetize AI like other hyperscalers by selling compute. They monetize it internally making their ad business more effective and it's already working. Ad impressions are up 19% price per ad is also up 12%. Even Jensen Huang of NVIDIA says that nobody uses AI better than Meta. Revenue's grew at 33% 3.5 billion daily active users with a forward PE of just 17. Meta is extremely undervalued and I'll be aggressively accumulating shares under $600 because I think this stock will double from here in a few short years. At number two is Reddit. It's actually one of my newest positions. It's down nearly 40% from its all-time highs while having one of the best quarters ever. It grew 69% year over year. Operating profit went from nothing to $183 million while having $1.37 billion in cash and zero debt. Reddit's human conversation data is incredibly valuable for training AI models. Google and Open AI have already paid for access. So this AI wave is actually creating a second revenue stream for Reddit. They're trading at 25 times forward PE for a business growing 60%. So I'm gonna be adding heavy at around $147. At number three is Netflix. It's down nearly 40% from its all-time highs and barely anyone is talking about it. With the Warner Bros drama behind us, what's left is a stock that's near its 52-week low at the forward PE of just 24, making it the cheapest valuation in years. Netflix is leveraging AI to improve personalization and growing their ad platform, which is on track to double to $3 billion this year. Q1 revenue is up 16%, and 325 million paying subscribers with content modes nobody has replicated in a decade. At these prices, I think Netflix will outperform the broader market for years to come. And if you want to know exactly when I buy stocks, comment stock and I'll send you my entire portfolio with trade alerts for free. And feel free to follow for more content like this.