Jim Cramer Says “We’re Going to Buy Reddit Very Slowly”
Key takeaways
- I think it’s got a very, very good unique property, but you can’t buy it all at once because it sells at 29 times earnings… We’re going to buy Reddit very slowly, not aggressively.
- Reddit with a stock that’s down 36% for the year reported after the close, and I thought the numbers were excellent.
- While we acknowledge the potential of RDDT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.
Jim Cramer Says “We’re Going to Buy Reddit Very Slowly” Syeda Seirut Javed Wed, June 10, 2026 at 6:36 PM GMT+7 2 min read RDDT Reddit, Inc. (NYSE:RDDT) was among the stocks Jim Cramer discussed on Mad Money, along with the recent sell-off in the market. When a caller asked if the stock is a buy, sell, or hold, Cramer commented:
I like it. I like it. I think it’s got a very, very good unique property, but you can’t buy it all at once because it sells at 29 times earnings… We’re going to buy Reddit very slowly, not aggressively.
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. Cramer discussed the company’s last earnings during the April 30 episode and said: