Pinterest (PINS) is one of few companies whose shares we purchased for the long term. Since the publication of our latest article on Pinterest, its stock appreciated by more than 25%, and thanks to the company’s unique market positioning, it has all the chances to continue to grow in the upcoming months. Pivoting to the eCommerce business model and giving its advertisers an ability to launch targeted conversion ads was the right decision for the management to do, and the company’s impressive Q2 results show that Pinterest is moving in the right direction.