Is Now the Time to Buy Pinterest Stock?

Is Now the Time to Buy Pinterest Stock?

One to consider is Pinterest (NYSE: PINS), the online pinboard and social media business that describes itself as a "visual discovery engine." Pinterest's stock hit a 52-week low of $27.75 on Jan. 24, and remains around $28. While a bearish outlook toward Pinterest is understandable, there's a reason for the drop-off in users, and Pinterest possesses qualities that make it compelling for investors with an eye toward the long term.