“"Earnings are Earnings:" Andrew Arons Bullish Amid NDX Selloff; Likes MU & RDDT”
AI summary · Reddit is a buy on the dip: it trades far off its highs and looks deeply oversold, which the speaker calls a mispricing, with 50 million daily active users and recent S&P 500 inclusion. AI data licensing deals, including with Google, mean Reddit makes money either way, so it could rally quite a bit by year end amid window dressing.
Yeah, I mean you know Reddit I mean on a day like today it's kind of hard to say you know buy the dip here, right? But I I mean I really think it is by the dip. Um you know Reddit was trading tremendously off its highs.
Stock in my opinion was deeply oversold. Um I believe that you know there's some mispricing going on here.