Pinterest: Sustaining Growth Momentum, There's Still A Lot To Like Here

T L Investment Thesis 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'll look back to PINS at $44 per share and consider it a bargain entry point. Back in January, I argued in a bullish piece, Why Pinterest? Why Now? A ...