After a not-so-stellar second-quarter earnings report, Pinterest (NYSE: PINS) is now about 40% off its 52-week high. In this Fool Live video clip, recorded on Aug. 23, Fool.com contributors Matt Frankel, CFP, and Jason Hall discuss why the beaten-down social media company could be a tremendous bargain for long-term investors.
10 stocks we like better than Pinterest
When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*
They just revealed what they believe are the ten best stocks for investors to buy right now... and Pinterest wasn't one of them! That's right -- they think these 10 stocks are even better buys.
*Stock Advisor returns as of August 9, 2021
Matt Frankel: A lot of people don't believe in Pinterest, Jason, I don't get it. I don't get the bear case for this one. One of the biggest things in my investment process, before I will put our money into a stock, after I've done all my research, stuff like that, crunched the numbers, is to try to talk myself out of it. You try to find the bear case, try to really look at the other side. Because if you don't understand the bear case, I'd say you haven't done enough research yet. The bear case for Pinterest is very weak, in my opinion. The big reason the stock has been beaten down, there are 454 million active users of Pinterest right now. In the U.S., which are their most monetized users by far,...
Read Full Story: https://www.nasdaq.com/articles/down-40-is-this-social-media-stock-a-steal-2021-09-01
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.