Pinterest Is A Deep Value

|
About: Pinterest, Inc. (PINS), Includes: FB, LYFT, SNAP, UBER
by: Jeremy Kruid
This article is exclusive for subscribers.
Jeremy Kruid
Long only, Growth, momentum, short-term horizon
Summary

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