Pinterest: Expansion Into Social Commerce To Open Growth Opportunities

Jul. 18, 2022 8:32 AM ETPinterest, Inc. (PINS) StockPINS1 Comment
Felix Fung
1.62K Followers

Summary

  • Pinterest is now down over 75% from its all-time high last year.
  • Despite the pessimism surrounding the company, it is actually making solid progress on the business end.
  • The company's expansion into social commerce will open up a lot more monetization opportunities going forward.
  • Pinterest's latest earnings report demonstrated strong ARPU and international growth.
  • I rate PINS stock as a buy.

Apple iPhone XR showing homepage Pinterest application on mobile

5./15 WEST

Investment Thesis

Pinterest (NYSE:PINS) is a social media company that allows users to share and discover ideas through pictures and videos, currently with global monthly active users of over 430 million. Pinterest was one of the winning stocks

This article was written by

1.62K Followers
Individual investor with four-year experience. I focus on long-term investing opportunities around companies with high-quality fundamentals or compelling turnaround potential. Currently studying business and economics at the University of New South Wales. Appreciate any feedback and comments.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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