PINS - Reddit vs. Pinterest Stock: Which Is Best for Your Portfolio?
2024-03-22 13:39:22 ET
Reddit (NYSE: RDDT) just went public in the most anticipated initial public offering (IPO) of 2024 so far, creating a new option for investors who want social media exposure in their portfolio. While there's a lot to like about Reddit, fellow social media stock Pinterest (NYSE: PINS) looks like an attractive investment as well and could be more appropriate for certain investors.
With that in mind, here's a rundown of the key metrics and stats investors should know about both of these. Social media is an exciting industry with lots of long-tailed growth potential, but as you'll see, these are two very different investment opportunities.
As mentioned, Reddit just went public, so it hasn't released any quarterly earnings reports yet, but there is quite a bit of information we do know, thanks to its pre-IPO filings with the Securities and Exchange Commission (SEC).
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Reddit vs. Pinterest Stock: Which Is Best for Your Portfolio?