Is Pinterest (Pins) a good stock to buy?

Pinterest (PINS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this digital pinboard and shopping tool company have returned +2.2%, compared to the Zacks S&P 500 composite's +4.1% change.

Should you buy pins (pins) stock at undervalued levels?

The growth story, therefore, remains exciting, and PINS stock is attractive. First Solar (NASDAQ: FSLR) is another name among growth stocks to buy at undervalued levels. Backed by positive business developments and industry tailwinds, the solar energy stock has surged by 57% year-to-date.

Why did Pinterest stock spike in the first quarter?

As mentioned, Pinterest stock spiked after its first quarter numbers were released, and it isn't hard to see why. Thanks to a combination of unexpectedly strong user growth and monetization, Pinterest's revenue grew by 23% year over year, its fastest growth rate since 2021, when it was still benefiting from the pandemic-era tailwinds.