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When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
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In a break to the Midtown leasing lull since early spring, Pinterest is taking 83,000 square feet on the entire 13th floor at SL Green's 11 Madison Ave.
PINS surges on global user growth and AI-driven ad tools, strengthening its edge in digital discovery and commerce.
Zacks.com users have recently been watching Pinterest (PINS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
PINS ramps up global expansion and ad tech upgrades to boost engagement, but rising costs weigh on near-term margins.
Question: Why would anyone pay 17 times earnings for Johnson & Johnson stock when Pinterest stock is available at a more attractive valuation of 11 times earnings? Most wouldn't—especially when considering three key points:
TipRanks' analyst ranking service reveals three stocks, including Chewy and Pinterest, favored by Wall Street's top pros.
Pinterest stock price has remained in a tight range in the past few days as investors assess its growth trajectory. PINS ended the week at $34.22, a few points below this month's high of $35.4 It is about 45% above its lowest level in April this year.
While some volatility has reentered the market due to rising hostilities in the Middle East, this can still be a good time to invest in some growth stocks for the long term.