) are up almost 25% since its IPO debut in March. Needham & Company senior entertainment and internet analyst Laura Martin raised her price target for the company from $63 to $75, citing its new AI deal and more.
Martin argues Reddit will gain even more from future deals with other tech companies:"So the margins here are 90% when they do one of these licensing deals and they already have a $200 million deal with Google ranks 4th in the list, it deserves a deeper look.
Canadian investors can hold undervalued TSX dividend stocks in a TFSA and benefit from outsized gains 2024 and beyond. The post How to Use Your TFSA to Earn $34,150 Per Year in Tax-Free Income appeared first on The Motley Fool Canada.
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