3 Growth Stocks Wall Street Might Be Sleeping On, But I'm Not
If you think stocks are always priced appropriately, think again. While the so-called efficient market hypothesis may be correct in the sense that all information is always quickly disseminated, that doesn't mean analysts and investors always properly interpret that information. Every now and then, things can get a bit squirrely.
With that as the backdrop, here's a rundown of three stocks that Wall Street isn't in love with but arguably will be sooner or later. You can step into them right now on the cheap if you're patient enough to let them pan out.
There's no denying Pinterest's (NYSE: PINS) business has been difficult to evaluate since its launch back in 2010. Most people understand the company sells ad space. What many people may still not grasp, however, is the appeal. Pinterest is simply a way consumers can "pin" pictures and website links to a virtual bulletin board and then share those boards with other Pinterest users with similar interests. Never even mind the fact that the company's interest in monetizing the platform seemed tepid at first and has only graduated to moderate interest in the meantime.
Source Fool.com
