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Why You’re Smart to Buy Pinterest

TheMotleyFool

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The COVID-19 pandemic has been a mixed bag for social media stocks.

While usage has generally gone up, advertising is down, and as a result, Pinterest (NYSE: PINS) stock has fallen 28% since the sell-off began in February. It now trades below its IPO price. Though pressure on digital advertising is likely to remain for the foreseeable future, the low price and the growth in its user base sets up a good buying opportunity for long-term investors.

Let's take a closer look at what Pinterest has to offer.

Source Fool.com

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