From early this year until today, Pinterest has gained over 300%! That's a 4-bagger right there!
Pinterest's revenue rose 58% year-over-year to $443 million in the third quarter and their adjusted earnings jumped from $0.01 to $0.13 per share, beating expectations by $0.10. That's some huge growth right there!
Here's the thing, I was once a user of Pinterest many years ago. But I never quite understood the concept.
And now, with so many competitions like Instagram, Snapchat, Facebook, Tik Tok, etc, my question is...
How is Pinterest going to compete?
Are they capable of continuing their rapid growth for the next 5 years?
Are they going to be the next Facebook?
What are their plans to compete with the rest?
That is why in this episode, we will be discussing what could potentially go wrong and right investing in Pinterest?
Well, check out this episode to find out more!
Also, for more info about Delugne Investing, check out Delugne.com to find out more!
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Source:
1. Top Growth stock to buy now?? (Pinterest Stock Analysis)
2. Pinterest CEO Ben Silbermann at ShopTalk 2018
3. Is Pinterest Stock A Buy Right Now? Here's What Earnings' Charts Show
