Stocks That Have Made Their Mark In The Last 10 Years - Pinterest

Pinterest

While Facebook has been hitting the table recently due to its dominance of social media, it is unquestionably Pinterest (NYSE: PINS) that presents the most impressive performance of the past decade. With the vast majority of humanity stuck in their homes throughout 2020, the internet remains the only medium to interact. The company that benefited the most from this situation was Pinterest, which adds 124 million net monthly active users (MAUs) to its platform with a 37 percent increase. But keep in mind that Pinterest has also increased its MAUs by an average of 30 percent on a yearly steady basis in the three years prior to the pandemic (2017-2019). Aside from the support of people staying at home for the company, the platform was already very popular with users long before the pandemic. In this context, Pinterest has to generate enormous revenue growth from its international users as well! More than 90 percent of the 124 million new MAUs added last year came from outside the United States. The only disadvantage of this distribution is that the average revenue per user (ARPU) is noticeably lower than the revenue from US users. On the other hand, Pinterest has the opportunity to double the international ARPU multiple times. And this is an important opportunity that can help it maintain its double digit growth rate. As a final note, don't overlook Pinterest's role as an e-commerce platform. With its users to willingly share products and services they like, Pinterest is a very successful company focused on bringing together traders who specialize in these interests and potentially motivated customers.   Stocks That Have Made Their Mark In The Last 10 Years - Pinterest Source: https://www.fool.com/ You may also be interested in: 3 Growing Tech Stocks In Buy And Hold Position - Datadog