Pinterest Offers A Niche For Advertisers
Pinterest(PINS) Seeking Alpha·2024-04-11 00:28
Enes Evren/iStock Unreleased via Getty Images I think Pinterest (NYSE:PINS) is a quality company with a social media platform focused on a nuanced target market of creatives, women, and youths primarily. As such, it commands a unique position in the market for advertisers and could achieve excellent growth in the next decade. However, beyond this, I wonder how scalable the platform is, and while I think the stock may be undervalued for now, I am not sure I consider Pinterest a lifelong holding. A Niche ...