Jim Cramer's Rate Test: Why He Backs Reddit but Passes on SiTime

CNBC host Jim Cramer backed Reddit (RDDT) and Rocket Lab (RKLB) but passed on SiTime (SITM) on Thursday’s “Mad Money,” favoring stocks that have fallen over those priced for growth while interest rates climb. The picks span social media, rockets, refiners and chips, yet one thread links them. The Federal Reserve (Fed) raised rates in September, and Cramer leaned toward stocks that had already sold off. Does a Sell-Off Make Reddit and Rocket Lab Worth Owning? Cramer said he wants to buy Reddit after its slide this year. In contrast, one caller said investors punished lost, unprofitable Google traffic and ignored Reddit’s earnings from direct users. However, CEO Steve Huffman called Google search referrals choppy in July, even as revenue grew 61%.

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