CatalystTech/AI
CRAMER POINTS TO RARE REDDIT BUY OPPORTUNITY AMID GOOGLE AI THREAT
Cramer flags rare Reddit buy opportunity amid Google AI threat.
Context
What happened: Jim Cramer said he wants to buy Reddit ($RDDT) after the stock fell, calling it inexpensive on the October 15 Mad Money Lightning Round, per CNBC.
Key numbers: Stock down about 34% in 2026; closed at $159.36 on Thursday versus a 52-week high of $263.50.
Why it matters: Investors are weighing Google AI answers that reduce search referrals, which Reddit has said supply about half its traffic, against AI licensing revenue. Cramer had called Reddit "ridiculously cheap" near $166 in August and shares have since fallen lower.
What changed
Jim Cramer said he wants to buy Reddit ($RDDT) after the stock fell, calling it inexpensive on the October 15 Mad Money Lightning Round, per CNBC.
Why it matters
Investors are weighing Google AI answers that reduce search referrals, which Reddit has said supply about half its traffic, against AI licensing revenue. Cramer had called Reddit "ridiculously cheap" near $166 in August and shares have since fallen lower.