Top 10 Stocks to Buy According to Lakehouse Capital

8. Pinterest, Inc. (NYSE:PINS)

Lakehouse Capital’s Equity Stake: $10.85 Million

Number of Hedge Fund Holders: 86

Pinterest, Inc. (NYSE:PINS) is one of the Top 10 Stocks to Buy According to Lakehouse Capital. Analyst Ken Gawrelski of Wells Fargo maintained a “Buy” rating on the company’s stock with a price objective of $42.00. The analyst’s rating is supported by the combination of factors, which include an optimistic outlook for its financial performance. As per the analyst, Pinterest, Inc. (NYSE:PINS) can see a modest rise in revenue and EBITDA for Q2 2025, thanks to the robust user engagement and advertising momentum, primarily in the UCAN region.

Furthermore, the stabilization of the tariff environment can also contribute positively to revenue growth in Q3 2025. Pinterest, Inc. (NYSE:PINS)’s capability to enhance margins and manage costs effectively was also highlighted. Also, the return of cross-border e-commerce advertisers as well as growth in monthly active users continue to strengthen the favourable outlook. Pinterest, Inc. (NYSE:PINS)’s AI advancements continue to help users take action and make more intentional shopping decisions. For Q2 2025, the company expects revenue of between $960 million – $980 million, demonstrating 12% – 15% growth YoY.  Also, it anticipates Q2 2025 adjusted EBITDA of between $217 million – $237 million.

Renaissance Investment Management, an investment management company, released its Q4 2024 investor letter. Here is what the fund said:

“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 including 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.”