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.
Should you invest $1,000 in Pinterest right now?
Before you consider Pinterest, you'll want to hear this.
Our award-winning analyst team just revealed what they believe are the 10 best stocks for investors to buy right now... and Pinterest wasn't one of them.
The online investing service they've run for nearly two decades, Motley Fool Stock Advisor, has beaten the stock market by over 4X.* And right now, they think there are 10 stocks that are better buys.
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.fool.com/investing/2021/09/01/down-40-is-this-social-media-stock-a-steal/
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