Jim Cramer Says Reddit (RDDT) Is “Absolutely Worth Buying at These Levels”

From Yahoo Finance: 2025-05-18 06:56:00

Jim Cramer discussed recent developments affecting drug distribution companies, cautioning about their stock performance due to regulatory concerns. An executive order aimed at lowering drug prices led to a sell-off in the sector, as fears of shrinking margins for drug distributors arose. Cramer advised against investing in a sector disliked by both Democrats and Republicans.

Reddit Inc. (NYSE:RDDT) is a stock Jim Cramer believes is worth buying at current levels, with 87 hedge fund holders. Despite market volatility, Cramer sees potential in RDDT, which operates a popular content-sharing platform. However, Cramer highlights AI stocks as offering greater returns in a shorter time frame, suggesting investors explore alternative options for higher gains.

RDDT ranks 2nd on the list of stocks discussed by Jim Cramer recently, showcasing potential as an investment. While RDDT is promising, Insider Monkey emphasizes the potential of AI stocks for higher returns. Insider Monkey’s report highlights an AI stock with significant upside potential trading at less than 5 times its earnings, offering investors a more promising alternative to RDDT.



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