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Is Pinterest Stock a Buy This Month?


Pinterest (NYSE: PINS) had one-fifth of its market valuation wiped away last month after reporting second-quarter earnings indicating it may have reached a saturation point in its biggest, most important market. 

If that is what's happening, it is a big red flag for investors thinking of buying into the idea organization stock, as it means it could be a long slog through slow or uneven growth going forward. But if it's a one-off event, it could represent a buying opportunity as the stock sits more than 36% below the 52-week high it reached in February. 

So let's examine the bull and bear cases and see whether Pinterest stock is a buy this month.

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Source Fool.com

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