A significant reason many investors have avoided Pinterest (NYSE: PINS) over the past year was that the user base was shrinking -- terrible for a young growth company. However, its third-quarter 2022 earnings report displayed evidence that the worst for Pinterest was over, with user growth returning.

Moreover, some now see a considerable upside once the economy improves. So the question for investors is, should you buy or avoid the stock, considering the lingering poor economic environment?

Suppose you have a long-term mindset; now might be the time to buy Pinterest, a stock down significantly from its all-time high. Here's why.

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Source Fool.com