I’m long on $Reddit(RDDT)$ and really believe in the company’s potential, but I can’t ignore that the current valuation looks way too high.For context, I originally bought 100 shares at $116 and started selling gradually at $130, $135, and $178. I saw the company’s growth potential, so I bought back at $200, and now I hold 40 shares with a BEP of $159. I plan to buy more in the future because I believe in the long-term vision. My personal (and totally pulled-out-of-my-ass) prediction is that RDDT could reach $100B market cap in 1-3 years and possibly $200B or even $300B by 2030.That said, looking at the numbers, the current valuation seems excessive. Last quarter, they reported $29.9M in net income, and assuming they keep that up, that’s $119.6M p

 Analysts are expecting $PDD Holdings Inc(PDD)$ earnings per share to come in at $2.71 on revenue of $14.22 billion. This equates to 69.4% and 49.7% year-over-year increases, respectively, according to TipRanks’ data.

Strong growth in its merchant base is driven by tools like Shop Pay, Shopify Payments, and Shopify Capital, which are attracting new merchants amid economic challenges.The company is also investing in modern e-commerce solutions, including AI integration with Shopify Magic and enhancements like Shopify Checkout for secure payment options. $Shopify(SHOP)$

I hope Trump gets elected. If Trump is elected, the stock market might continue to rise.