Pinterest, Inc. (PINS) Is One Of The “Most Undervalued Companies,” Says Jim Cramer

We recently published 9 Stocks Jim Cramer Discussed As He Mentioned Trump & Intel’s CEO. Pinterest, Inc. (NYSE:PINS) is one of the stocks Jim Cramer recently discussed.

Pinterest, Inc. (NYSE:PINS), a social media platform focused primarily on visual arts, idea generation, and eCommerce, is one of Cramer’s top social media stocks. The CNBC TV host believes that the firm has a unique business model that places it in a key position for AI scraping. Not only does he believe that Pinterest, Inc. (NYSE:PINS) allows users to learn from each other, but he also believes the firm is undervalued:

“And then. . .I think Pinterest and Reddit are the two most undervalued companies, of the new companies, because they are being scraped and the scrapers are going to have to pay the piper. Pinterest, Reddit, they’re gonna pay the piper.”

Cramer previously discussed Pinterest, Inc. (NYSE:PINS)’s business and undervaluation in detail. Here is what he said:

“I’m always looking for companies like Square now Block, that could take off even if it doesn’t get added to the S&P. And there are a couple of notes about Pinterest. I think that Bill Ready has done a remarkable job as CEO. Pinterest is going to be a part of what’s scraped by these, the five big ones. And we should highlight the five big ones, they do matter. And I just think Pinterest is a place where people go to learn, and people go to have crafts. It’s an underrated site. It’s 25 billion. It could be 50 billion.

Copyright: alexeyboldin / 123RF Stock Photo

“[On Morgan Stanley saying there growth acceleration is not being priced] Look, I think this is a remarkable site. Because, if you want to take trip, if you want to learn to paint, if you want to learn to cook, if you want to cook something really special, it’s where you go. It’s a very useful site. And it seems to me to be a, a very much of a site that you’re not going to see the stuff that we just talked about.”

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