Image source: Getty Images.
1. Reddit
Reddit’s stock (NYSE: RDDT) has surged over 200% in 2024, and I am bullish on its outlook for 2025. Despite being a relatively new public company following its IPO debut in March 2024, Reddit has shown strong performance for investors. In the latest quarter (ended Sept. 30, 2024), Reddit reported significant growth, including a 47% increase in daily active users, a 68% surge in revenue to $348 million, and a swing from a $7 million loss to a $29 million profit. With plans to introduce AI features to enhance user engagement and ad revenue, Reddit is positioned for continued success in the year ahead.
2. Robinhood Markets
Robinhood Markets (NASDAQ: HOOD) has emerged as a key player in online trading, attracting a growing client base, especially among young investors. In the most recent quarter (ended Sept. 30, 2024), Robinhood reported impressive results, including a 72% rise in transaction-based revenue to $319 million, a 31% increase in average revenue per user, and total investment account growth to 25.1 million. Through innovation and execution, Robinhood has outperformed competitors, making it a compelling company to watch in 2025.
3. Duolingo
Duolingo (NASDAQ: DUOL) had a strong year in 2024, with its stock climbing over 40%. The company’s financial performance has been exceptional, with revenue growing at a rapid 40% year over year, DAUs increasing by 54%, and paid subscribers rising by 47%. Duolingo’s success stems from its engaging language-learning app, which offers educational content in an entertaining format. As Duolingo expands its product range, including AI-driven language learning, it remains a promising investment opportunity for the future.
The S&P 500 has seen a continuous rise since 2002. For the latest information on the top 10 stocks, visit the Stock Advisor. As of December 30, 2024, Jake Lerch holds investments in Duolingo and Reddit. The Motley Fool suggests Duolingo as a recommended option. This publication upholds a disclosure policy to ensure transparency and integrity in its recommendations and reports.
