Billionaire Ray Dalio’s Bridgewater’s 10 Stock Picks with Huge Upside Potential

2. Pinterest, Inc. (NYSE:PINS)

Bridgewater Associates Stake Value: $102,787,687

Upside Potential as of May 2: 60.69%

Number of Hedge Fund Holders: 73

Pinterest, Inc. (NYSE:PINS) is a visual discovery and bookmarking platform. It allows users to find and save ideas for various interests including recipes, home decor, fashion, and DIY projects. The company generates revenue primarily through advertising.

In Q4 2024, Pinterest, Inc. (NYSE:PINS) achieved its first billion-dollar revenue mark, touching $1.15 billion, an 18% increase year-over-year. Global Monthly Active Users (MAUs) hit an all-time high of 553 million, up 11% compared to the previous year. The company said the growth comes on the back of its strategy of making the platform more actionable and focusing on lower-funnel initiatives.

CEO Bill Ready noted, “Our strategy is paying off. People are coming to Pinterest more often, the platform has never been more actionable, and our lower funnel focus is driving results for users and advertisers.”

An Adobe survey (published on May 1, 2025) further validates Pinterest, Inc.’s (NYSE:PINS) growing influence in the digital landscape. It found that 36% of consumers start searches on Pinterest instead of Google—this figure rises to 39% among Gen Z users. The survey also revealed that 80% of business users reported better engagement on Pinterest than on other platforms. Nonetheless, on April 28, 2025, Roth Capital lowered its price target on Pinterest, Inc. (NYSE:PINS) from $39 to $29 while maintaining a Neutral rating on the shares. The firm cited potential ad spend reductions in April and likely cuts as Q2 progresses, particularly if tariff uncertainty persists.