Pinterest Stock News

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.

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.

While there is still some uncertainty in the market related to tariffs, the U.S. economy, and a new conflict in the Middle East, now can still be a good time to invest in growth stocks. Investors just need to take a more cautious approach by investing smaller amounts, say $1,000, and then look to add to their positions later if the stocks dip in price.

The company may be small, but recent changes to its platform should help boost shares.

Pinterest ads will become directly shoppable via Instacart under a new retail media collaboration between the two companies. [contact-form-7] This collaboration will enable Pinterest users to complete a purchase in a few clicks and have the items delivered in as little as 30 minutes, the companies said in a Monday (June 16) press release.