Better Social Media Stock: Twitter vs. Pinterest
Twitter (NYSE: TWTR) and Pinterest (NYSE: PINS) occupy two well-defined niches in the crowded social media market. Twitter is a top platform for following politicians, journalists, celebrities, and companies. Pinterest encourages users to share their interests via virtual pinboards.
Both stocks recently spiked after their latest quarterly earnings impressed investors. But is either stock still worth chasing? Let's dig deeper to see which stock is the better social media play for 2020.
Twitter generated 88% of its revenues from ads -- in the form of promoted tweets, accounts, trends, and app-install ads -- last quarter. The rest mainly came from its data licensing business, which sells a "firehose" of tweets to analytics firms, media companies, and other clients.
Source Fool.com
