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.
5 stocks we like better than Pinterest

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Companies Mentioned in This Article

Company	MarketRank™	Current Price	Price Change	Dividend Yield	P/E Ratio	Consensus Rating	Consensus Price Target
Pinterest (PINS)	3.1465 of 5 stars	$42.62	+1.7%	N/A	202.96	Moderate Buy	$41.26
Alphabet (GOOG)	3.4488 of 5 stars	$171.16	-1.1%	N/A	26.25	Buy	$165.67
Alphabet (GOOGL)	3.6778 of 5 stars	$169.38	-1.1%	N/A	25.98	Moderate Buy	$190.60
Amazon.com (AMZN)	4.8089 of 5 stars	$188.00	-0.4%	N/A	52.66	Buy	$211.62
Coca-Cola Consolidated (COKE)	0.5196 of 5 stars	$944.81	-6.4%	0.21%	21.73		N/A
Johnson & Johnson (JNJ)	4.8974 of 5 stars	$148.95	+0.2%	3.33%	9.29	Hold	$175.86
NIKE (NKE)	4.463 of 5 stars	$93.59	-0.2%	1.58%	27.53	Moderate Buy	$116.26
Coca-Cola (KO)	3.9972 of 5 stars	$62.85	+0.4%	3.09%	25.14	Moderate Buy	$68.27
Verizon Communications (VZ)	4.8659 of 5 stars	$39.48	+0.4%	6.74%	14.73	Moderate Buy	$44.21

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About Jea Yu

JeaYu21@gmail.com

Contributing Author

Trading Strategies

Experience

Jea Yu has been a contributing writer for MarketBeat since 2018.

Areas of Expertise

Equities, options, ETFs and futures; fundamental, qualitative, quantitative and technical analysis and pattern identification; active and swing trading; trading systems and methodology development

Education

Bachelor of Arts, University of Maryland, College Park

Past Experience

U.S. equity markets trader, writer and analyst for over 25 years. Published four books by publishers McGraw-Hill, John Wiley & Sons, Marketplace Books and Bloomberg Press. Speaker at various expos and seminars and has been quoted and featured in USA Today, The Wall Street Journal, Traders Magazine, The Financial Times and various trade publications, including Stocks & Commodities, Active Trader and Online Investor.