Meta Platforms (NASDAQ: META) and Pinterest (NYSE: PINS) found themselves moving in different directions following earnings. Meta again disappointed as revenue stagnated and investors soured on its metaverse strategy. In contrast, Pinterest has delivered modest improvements amid its changed leadership and a new approach.
However, the Facebook parent continues to dominate social media, and its earnings multiple has taken it deep into value stock territory. The question for investors is whether those factors make Meta a better choice over a much smaller social media company returning to growth mode.
For further details see:
Better Social Media Stock: Meta Platforms vs. Pinterest