Pinterest (PINS) Up 48% in a Year: Should You Ride the Wave?
PINSPinterest(PINS) ZACKS·2024-07-23 21:11

Buoyed by a holistic growth model, Pinterest, Inc. (PINS) has surged 47.9% over the past year compared with the industry’s growth of 21.5%. It has outperformed its peers like Snap Inc. (SNAP) but lagged Meta Platforms, Inc. (META) over this period.Driven by greater engagement on the platform from its existing users (called Pinners), Pinterest has created a niche in the digital market platform. It differs from other social media platforms and popular digital advertising channels that typically offer advertis ...