$RDDT β most slept on stock in the AI space right now imo even tough its still trading 40% below its 2025 highs. Here's why that's interesting.
Reddit has something nobody else has β 20 years of genuine human conversation. Google pays for it. OpenAI pays for it. And as AI develops that data only gets more valuable not less.
Revenue up 69% year on year Earnings per share of $1.01 β analysts expected $0.58 Daily active users up 153% year on year 7 consecutive quarters of 60%+ revenue growth.
What do you think?
Nvidia gets all the attention. Understandable.
But while everyone's buying the AI hype I'm looking at who actually makes it function.
AI runs in data centers. Data centers are full of thousands of servers that need to communicate with each other constantly at ridiculous speeds.
Arista Networks $ANET build the hardware that makes that happen. They're not the flashy AI company. They're the reason the flashy AI companies work.
Here's what caught my attention:
4 earnings beats in a row Revenue up 35% year on year Full year guidance raised to $11.5 billion
Stock dropped 10% after their last report. Not because the business is struggling. Because they can't build fast enough to keep up with orders.
That's not a broken company. That's a company with more demand than they can handle.
Supply catches up. Revenue follows.
What do you think?