Pinterest: Sustaining Growth Momentum, There's Still A Lot To Like Here
PINSPinterest(PINS) Seeking Alpha·2024-06-13 05:04
pressureUA Investment Thesis Pinterest, Inc. (NYSE:PINS) continues to impress investors positively, demonstrating that it can still deliver reasonable growth rates. More specifically, as we approach H2 2024, Pinterest continues to put forth a strong narrative backed by solid fundamentals. All in all, I believe that paying approximately 40x EBITDA for PINS makes sense, given that there's still room for further margin expansion in the back half of 2024. I make the case that in the next twelve months, we'l ...