Here's My Top Growth Stock to Buy Right Now
Want to multiply your money over the long term? Look no further than growth stocks. These cutting-edge businesses increase revenue and earnings faster than average, making them an ideal means of earning supersize returns. One recent example: Pinterest (NYSE: PINS), which has already skyrocketed around 230% since its IPO in 2019. Let's explore why its unique business model -- and potential acquisition -- could set investors up for even more success.
The social media space is under growing regulatory pressure over privacy concerns, misinformation, and abusive speech. Giants like Facebook and Twitter face the brunt of the backlash because they focus on peer-to-peer interactions and personal data.
Pinterest is different. Unlike rival platforms, its users communicate through pictures instead of words and tend to gravitate toward subjects like home decor and food instead of politics.
Source Fool.com
