PINS是极佳的买入标的；公允价值39美元对比现价22美元，意味着超过78%的上涨空间，尽管面临Meta和宏观逆风。
逐段跳播
我接下来要强调的顶级买入股票是Pinterest，我计算其公允价值为39美元，市场价格为22美元。鉴于这一差异，我计算出Pinterest股票有超过78%的上涨空间。
The next stock I'll highlight as a top stock to buy is Pinterest where I calculated a fair value of $39 and the market price is $22. Given that difference, I've calculated an upside here of over 78% for Pinterest stock.
几个看涨因素是，该公司是少数几家从北美增加用户的社交媒体公司之一。北美用户是最有价值的，每用户平均收入最高。此外，Pinterest正在改进其推荐系统，这提高了现有用户的参与度。
A couple of bullish factors is that the company is one of a few social media companies that's adding users from North America. Users from North America are the most lucrative with the highest average revenue per user. Additionally, Pinterest is improving its recommendation systems which is increasing engagement from existing users.
现在，这里的一些不利因素是行业领导者（我之前提到的Meta Platforms）的支出正在拉大领导者与其他公司之间的差距。这对Pinterest来说是一个阻力。
Now, a couple of downsides here is spending by the industry leader which I mentioned earlier meta platforms is creating a bigger gap between the leader and everyone else. That's a headwind for Pinterest.
其次，宏观经济趋势对Pinterest的伤害比其他社交媒体平台更严重，因为它与宏观经济表现的相关性更高。伊朗战争、贸易战、贸易壁垒增加、利率上升、通胀加剧都削弱了美国和世界各地的消费者支出能力。这对Pinterest来说一直是不利的。
And secondly, macroeconomic trends are hurting Pinterest more significantly than other social media platforms because it's more correlated to macroeconomic performance. The war in Iran, the trade wars, increasing trade barriers, higher interest rates, increasing inflation have all diminished the consumer spending power in the United States and around the world. And that's been a negative for Pinterest.
尽管如此，尽管存在这些阻力，我认为Pinterest是一个极好的买入机会。我的投资组合中持有Pinterest股票。我没有兴趣增持。事实上，我可能会在今年某个时候卖出我三分之一的仓位。
我以大约35美元的价格买入这些股票，其中有重大亏损。因此，我想卖出三分之一的仓位以在税务上实现这些亏损。我将保留其余三分之二的仓位在我的投资组合中。
Still, despite those headwinds, I think Pinterest is an excellent buying opportunity. I own Pinterest stock in my portfolio. I'm not interested in adding more. In fact, I'll probably sell one/ird of my position sometime this year. I bought those shares at about $35 and there's a significant loss in there. And so, I want to sell onethird of my position to harvest those losses for tax purposes. I will be keeping the other two/3s in my portfolio.
这个频道对 $PINS 的历次判断
Parkev Tatevosian, CFA 在这只股票上只有这一条判断。