Vebjørn@VJNCapital

This is wild $RDDT is expected to grow eps at a 42% CAGR through 2028 If they instead: 1. Grow at half the speed of 21% 2. Get a multiple rerating down to 32x We get: -> Stock price of $316 -> Total return of 106% (15.6% annualized) So if they miss analyst growth consensus by

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