Pinterest (PINS) has confirmed breakout from all-time-high. Up 35%, Pinterest shows future value in spades. This is one of those stocks that you BUY, and NEVER LET GO OF.
I was lucky to buy a large amount at around $23-$24. I don't see why this stock would not go up significantly over the next 2-5 years. I would expect for it to be around $180 in a short timeframe (under 2 years).
A couple of categories that initially sparked my interest in this stock, was its SEO potential. I build websites outside of my trading life, and when studying SEO, in particular Social Media Marketing, I found that Pinterest drives in over double the traffic as Facebook, or any other Social Media platform does.
Pinterest also outperforms every other platform in conversion by a tremendous amount. In fact, 48% of Pinterest visitors are actually there to buy!! That is insane potential for advertisers, and now I am sure you can see the potential future value as this company continues to grow.
"At 48%, shopping is a top activity for Pinterest users, ranking just after viewing photos (57%). Sharing content, networking, and news all rank as lesser priorities.
This comes in stark contrast with other social media sites. For Facebook, shopping ranks as the 7th most popular activity at 14%. Same goes for Instagram, Snapchat, and Twitter, which all see lower shopping rates."
Revenue from Shopping Ads is increasing with huge gains. Between the first and second half of 2019, revenue from shopping ads went way up. Unsurprising, as revenue went up, the number of monthly active advertisers buying shopping ads went up, too. Up 125%, in fact.
91% of Pinners in the market for tech/telecom purchases decide to buy after seeing content on Pinterest. Pinners turn to Pinterest to help make spending decisions—including for tech and telecom purchases. Some 69% of users turn to Pinterest to help make these purchase decisions. After doing so, 91% are ready to buy.
I was lucky to buy a large amount at around $23-$24. I don't see why this stock would not go up significantly over the next 2-5 years. I would expect for it to be around $180 in a short timeframe (under 2 years).
A couple of categories that initially sparked my interest in this stock, was its SEO potential. I build websites outside of my trading life, and when studying SEO, in particular Social Media Marketing, I found that Pinterest drives in over double the traffic as Facebook, or any other Social Media platform does.
Pinterest also outperforms every other platform in conversion by a tremendous amount. In fact, 48% of Pinterest visitors are actually there to buy!! That is insane potential for advertisers, and now I am sure you can see the potential future value as this company continues to grow.
"At 48%, shopping is a top activity for Pinterest users, ranking just after viewing photos (57%). Sharing content, networking, and news all rank as lesser priorities.
This comes in stark contrast with other social media sites. For Facebook, shopping ranks as the 7th most popular activity at 14%. Same goes for Instagram, Snapchat, and Twitter, which all see lower shopping rates."
Revenue from Shopping Ads is increasing with huge gains. Between the first and second half of 2019, revenue from shopping ads went way up. Unsurprising, as revenue went up, the number of monthly active advertisers buying shopping ads went up, too. Up 125%, in fact.
91% of Pinners in the market for tech/telecom purchases decide to buy after seeing content on Pinterest. Pinners turn to Pinterest to help make spending decisions—including for tech and telecom purchases. Some 69% of users turn to Pinterest to help make these purchase decisions. After doing so, 91% are ready to buy.
