Top 3 Tech Shares That Can Make You Rich in March and After - Pinterest

 

3. Pinterest: An alternative social media platform!

Facebook has already attracted global attention. And antitrust and regulatory concerns haunt. Without all this drama, investors are turning to Pinterest (NYSE: PINS) to keep up with the growth in social media. The platform functions as a digital repository and a visual discovery engine, allowing users to find, save and organize the things they love on the internet. This digital notebook provides a personal space that allows users to collect things and pin them to virtual boards. Pinterest helps users travel, try a new recipe, plan a wedding or redecorate their home. The company's positive mood and ability to avoid the traps that its biggest competitors were caught earned it the title of "anti-social media".

Pinterest is growing rapidly!

Revenue increased 48 percent in 2020, while adjusted net income hovered over 1,400 percent. Pinterest adds more than 100 million monthly active users, bringing the total number of users to 450 million. Average revenue per user rose 12 percent. US-based growth has covered most of the burden in the time so far, but what really needs to get investors excited is international opportunities. International revenue grew by 78 percent in the last quarter report, while it increased 145 percent compared to the same period the previous year. This shows us that Pinterest's story of global growth is just beginning. Pinterest generated $ 1.7 billion in revenue in 2020. This revenue is pale compared to the $ 500 billion addressable market, but the remaining opportunities are huge for Pinterest.   Top 3 Tech Shares That Can Make You Rich in March and After - Pinterest Source: https://www.fool.com/ You may also be interested in this:

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