Reddit: Update On My Top Conviction Pick Amidst Tech Bubble (Rating Downgrade)
Reddit (NYSE: RDDT ) was one of our big winners last year, but we unfortunately took profits too soon. When we first purchased shares, the stock was oddly unloved by analysts. My initial thesis was quite simple: the company looked under-monetized, with a clear near term growthJulian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He also combines growth-oriented princip ...