3 Reasons Pinterest Stock Is a No-Brainer Buy
Pinterest (NYSE: PINS) stock investors probably want to pull the pin on all the uncertainty they have endured in recent months. The stock has experienced a decline of nearly 75% amid a bear market, and the image-sharing website struggles with monthly active user (MAU) growth. Co-founder Ben Silbermann has stepped down as CEO, adding to the uncertainty surrounding the company's leadership.
Nonetheless, Pinterest hired a new CEO: Bill Ready, who was president of commerce, payments, and next billion users (yup, that was really his title) at Alphabet's Google. Under his leadership, Pinterest may be a top growth stock to buy now for three reasons.
Although Silbermann is no longer serving as CEO, investors should know that he is not leaving the company. He now serves as its executive chair, a move that will take him out of the day-to-day operations but still allow for his involvement in higher-level decisions.
Source Fool.com
