Billionaire Larry Robbins’ 10 Stock Picks with Huge Upside Potential

5. Pinterest Inc. (NYSE:PINS)

Glenview Capital’s Stake: $10.39 million

Number of Hedge Fund Holders: 73

Average Upside Potential as of May 8: 44.48%

Pinterest Inc. (NYSE:PINS) offers a platform that allows people to find ideas, such as recipes, home and style inspiration, as well as search, save, and shop these ideas. It also offers advertising products to help advertisers meet users, and an ad auction that allows advertisers to serve ads to users at relevant moments while optimizing business outcomes for advertisers.

In Q4 2024, Pinterest achieved its first $1 billion revenue quarter with 18% revenue growth. The platform’s weekly active to monthly active user ratio also reached an all-time high of 62% in 2024. Clicks to advertisers grew over 90% in Q4. For 2025, Pinterest Inc. (NYSE:PINS) plans to use AI and its unique first-party signal to drive more personalized experiences.

On May 6, Benchmark analyst Mark Zgutowicz lowered the price target for Pinterest to $45 from $55, while reiterating a Buy rating on the shares. Management now plans on investing in curation experiences and platform shopability, and continues innovating its lower-funnel tools for advertisers.

Renaissance Large Cap Growth Strategy stated the following regarding Pinterest, Inc. (NYSE:PINS) in its Q4 2024 investor letter:

“We made several changes to the portfolio in the fourth quarter. Most recently, we added a new position in the Communication Services sector in December with Pinterest, Inc. (NYSE:PINS), a leading visual search and discovery platform with a unique curation function that enables users to find and display new ideas and creations that focus on interests such as fashion and home décor among other consumer goods. Since 2022, a new management team has transformed Pinterest into a shopping platform, providing more value and capabilities to advertisers includ ing direct connection with users, resulting in higher profits. In addition, the company was an early adopter of AI to increase personalization, advertising relevance options, and automated processes to increase ease-of-use for smaller advertisers. In the near term, we expect Pinterest to see monetization improvements with upside to Average Revenue Per User (ARPU) and traction in new categories and international markets.”