Buying Opportunity in Pinterest (PINS)

2 months ago

Parkev Tatevosian, CFA

"Furthermore, when looking at my proprietary discounted cash flow valuation calculation, the stock is trading at a significant discount in my opinion. Current market price is $26. Intrinsic value per share is over $75. So, you can understand why I've had this stock rated as one of the best stocks to buy. And this price decrease of more than 21% on the day following the earnings release, I see as a big opportunity. I see this as a buying opportunity and what I'll be doing with my shares, I will not be selling any of my shares. In fact, I'm likely more interested in adding shares to my portfolio, even if it bounces up 5 or 10% from these lows."

The speaker outlines a strong bullish trade call on Pinterest (PINS) due to the stock trading at a significant discount. Highlighting a low forward price-to-earnings ratio and a deep undervaluation based on discounted cash flow analysis, he indicates plans to add to his existing position despite a recent drop following earnings.

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