Pinterest Is A Deep Value

About: Pinterest, Inc. (PINS), Includes: FB, LYFT, SNAP, UBER
by: Jeremy Kruid
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Jeremy Kruid
Long only, Growth, momentum, short-term horizon

The IPO price provides a deep value relative to social media companies.

Pinterest is a pure play in social commerce.

Monetization is in its infancey.

Pinterest released its first IPO price range of $15-$17 per share. This gives Pinterest a valuation of roughly $9 Billion. While Pinterest operates a social web site, people share things to purchase, it is very