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3 Stocks to Play the Recovery in Digital Advertising

Key Points

  • Social commerce giant Pinterest grew its global MAUs by 8% to 465 million.
  • Pinterest grew profits by 91% to 21 cents in Q2 2023.
  • Pinterest partnered with Amazon.com for advertisers to link Amazon-hosted product pages through the Pinterest platform.
  • The Trade Desk is a leading Adtech DSP with major brand clients, including Coca-Cola, Walmart and Nike.
  • Magnetite is another Adtech platform focused on digital advertising on the open internet with clients including Amazon.com, Johnson & Johnson and Verizon.
  • Interested in Pinterest? Here are five stocks we like better.

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Should You Invest $1,000 in Pinterest Right Now?

Before you consider Pinterest, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pinterest wasn't on the list.

While Pinterest currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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Jea Yu
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Jea Yu

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Pinterest (PINS)
4.3737 of 5 stars
$35.08+2.8%N/A13.04Moderate Buy$40.42
Alphabet (GOOG)
4.9439 of 5 stars
$180.01+1.3%0.47%22.36Moderate Buy$204.88
Alphabet (GOOGL)
4.1512 of 5 stars
$178.60+1.4%0.47%22.19Moderate Buy$199.75
Amazon.com (AMZN)
4.711 of 5 stars
$217.61+0.3%0.09%39.35Moderate Buy$244.89
Coca-Cola Consolidated (COKE)
1.3798 of 5 stars
$111.10+0.9%0.90%1.59N/AN/A
Johnson & Johnson (JNJ)
4.6336 of 5 stars
$156.45+0.8%3.32%23.53Moderate Buy$170.88
NIKE (NKE)
4.9417 of 5 stars
$63.90+3.2%2.50%19.72Moderate Buy$80.26
Coca-Cola (KO)
4.4213 of 5 stars
$72.36+0.8%2.82%29.29Buy$76.00
Verizon Communications (VZ)
4.751 of 5 stars
$44.12+1.1%6.14%10.66Moderate Buy$47.41
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