The most common and most likely answer to this crossword clue is the 5 letter word TA-DA
T
A
-
D
A
Buddy explains!

The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does TA-DA mean?
TA-DA interjection- Used when something appears or happens in a way that is impressive, surprising, or pleasing.