tech
February 6, 2026
Jim Cramer: Here are 2 reasons why social media stock Reddit is a buy
"They're doing incredibly well in advertising … and a lot of that is because they offer a bargain," Cramer said.
TL;DR
- Jim Cramer likes social media company Reddit and its strong financial performance.
- Reddit beat top and bottom line expectations in its latest earnings report.
- The company is successful in advertising due to offering bargain rates and targeted strategies.
- Reddit also generates revenue by selling its data to large language models for training.
- Reddit announced a $1 billion repurchase program with no set expiration date.
- Despite stock volatility, Reddit is up 320% since its March 2024 IPO.
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