Pinterest, Inc. (PINS): It’s A “Remarkable Site,” Says Jim Cramer

We recently published Jim Cramer Recently Talked About These 10 Stocks. Pinterest, Inc. (NYSE:PINS) is one of the stocks Jim Cramer recently discussed.

A young, stylish woman using her smartphone to find inspiration for her latest DIY project.

Pinterest, Inc. (NYSE:PINS) operates a website that enables users to engage in artistic endeavors such as arts and crafts and home decoration. The firm’s shares have gained 24% year-to-date and have gained 53% since their early-April drop. The stock has benefited from several catalysts, such as analyst upgrades and strong earnings performance. Cramer’s a fan of Pinterest, Inc. (NYSE:PINS):

“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.

“[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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Disclosure: None. This article is originally published at Insider Monkey.