PINS - Pinterest, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
22.92
+0.31 (+1.39%)
As of 11:14AM EST. Market open.
Stock chart is not supported by your current browser
Previous Close22.42
Open22.83
Bid22.86 x 1200
Ask22.87 x 2900
Day's Range22.74 - 23.18
52 Week Range17.39 - 36.83
Volume4,774,149
Avg. Volume11,311,837
Market Cap12.797B
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-4.71
Earnings DateFeb 05, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est26.29
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  • The Key Questions for Pinterest Stock Before February Earnings
    InvestorPlace

    The Key Questions for Pinterest Stock Before February Earnings

    At the end of the third quarter, Pinterest (NYSE:PINS) had 322 million monthly active users (MAUs). That fact, along with the market value assigned PINS stock, sets up a rather interesting comparison.Source: Nopparat Khokthong / Shutterstock.com Pinterest's enterprise value (EV) -- its market capitalization less cash -- is $11.3 billion. Snap (NYSE:SNAP) announced it had 210 million DAUs (daily active users) for its 3Q earnings, which means its monthly user base is likely much higher. Furthermore, its EV is more than twice as high.Twitter (NYSE:TWTR) finished 2018 with 321 million MAUs, at which point it stopped disclosing that figure. It closed the 3Q 2019 with 145 million DAUs, and its enterprise value is right around $23 billion -- almost exactly double that of Pinterest.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFrom a per-user standpoint, PINS stock looks noticeably undervalued. The question at this point, though, is if it should be. PINS Stock RalliesTrading in Pinterest stock this week suggests investors are paying closer attention to user-based valuation. A report on Tuesday from eMarketer showed that Pinterest actually has more U.S. users than Snapchat in 2019. In the three ensuing sessions, PINS stock gained 17%. * The Top 5 Dow Jones Stocks to Buy for 2020 Again, the optimism makes some sense -- particularly with PINS stock struggling in recent weeks. Shares plunged after the company's third-quarter report in November showed slowing revenue growth. But the report was hardly terrible: the top line still grew 47% year-over-year in the quarter.Also, with PINS stock below $20 after fading further following the post-earnings selloff, valuation looked reasonable -- at least by social media stock standards. Valuation remains reasonable, with EV/2019 revenue just above 10x, and the 2020 multiple barely above 7x. On a top-line basis, too, PINS trades at a discount to TWTR and SNAP.In fact, it trades at only a modest premium to Facebook (NASDAQ:FB), whose revenue growth next year is expected to be around 21% versus 35% for Pinterest. It might seem crazy -- or the sign of a bubble in the market -- to argue that PINS stock is cheap at 7x revenue, with adjusted earnings per share (EPS) next year likely to be barely positive. But, on a relative basis, it is. The Case for Pinterest StockAnd where that gets particularly interesting is looking at how Pinterest monetizes those users. Simply put, Pinterest isn't doing a very good job -- yet. Its global ARPU (average revenue per user) in the third quarter was just $0.90. The figure at Snap (albeit on a daily user basis, which inflates the number somewhat in comparison) was $2.12. Twitter (again, based on daily numbers) was near $6, and Facebook (using MAUs) above $7 -- about eight times that of Pinterest.Somewhat counterintuitively, this is good news for PINS stock, as it means there's plenty of room for improvement. That's most obviously true overseas, as ARPU outside the U.S. in the third quarter was just 13 cents. On the other hand, SNAP stock has rallied over the past 13 months thanks to optimism toward its own potential for better monetization, especially overseas. Pinterest has a similar opportunity and a lower stock price, at least relative to its users and revenue.The eMarketer report seems to have reminded investors of that fact, and so the rally this week makes some sense. The RisksThat said, there are three key risks here. The first is that the other stocks in the social media space may well be overvalued. Pinterest stock could outperform SNAP going forward, but that alone doesn't mean PINS will rally.The second is that competition is going to be intense, and Pinterest is later to the game. Amazon (NASDAQ:AMZN) quickly is becoming a force in online advertising, and threatening the duopoly of Facebook and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) in the process. Pinterest is a later entrant into the space, which may make it more difficult to challenge those giants.Finally, it's fair to wonder at least a little bit, if execution needs to improve. The international ARPU figures in particular are quite soft -- and can't be explained solely by different demographics and buyer behaviors. All social media companies have much higher monetization domestically, but none have the huge spread that Pinterest does; ARPU in Q3 was $2.90 in the U.S., 22x the overseas figure.The opportunity for improvement is bullish in the sense that ARPU can drive overall revenue growth. However, it's bearish in the sense that the opportunity is so large. ARPU rose just 14% YOY in Q3. A 26% rise in the U.S. is solid, but with the domestic user base up just 8% YOY, there might not be enough in that market to drive the growth still priced into the stock.Meanwhile, overseas markets, again, are much smaller: even Facebook generated just $3.24 per user in Asia-Pacific in Q3, and $2.24 in its "Rest of World" segment (which excludes the U.S., Canada, Europe, and Asia Pacific). That's a big reason why PINS stock slumped so much after the Q3 report, despite seemingly impressive consolidated results. A Key Earnings Report for PINS StockRecent trading and the reaction to Q3 suggest that the fourth-quarter report, due on Feb. 6, is exceedingly important. Investor enthusiasm has built just this week. Valuation might be cheap on a relative basis, but PINS stock still trades at nearly 7 times 2020 revenue and over 300 time adjusted EPS.Pinterest doesn't necessarily have to prove its ability to better monetize users in a single quarter, but it needs to inspire confidence on that front. This increasingly is a story of opportunity versus execution, and Pinterest needs to make sure investors keep focusing on the former -- and not the latter.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post The Key Questions for Pinterest Stock Before February Earnings appeared first on InvestorPlace.

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  • 5 Top Stock Trades for Tuesday: BA, PINS, AMZN
    InvestorPlace

    5 Top Stock Trades for Tuesday: BA, PINS, AMZN

    The stock market continues to grind out new record highs, as equities pushed higher on Friday. Remember, Monday is closed in observation of Martin Luther King Jr. Day, so let's look at a few top stock trades for Tuesday. Top Stock Trades for Tuesday No. 1: Boeing (BA)Source: Chart courtesy of StockCharts.comBoeing (NYSE:BA) stock is moving lower on Friday, and as it's doing so, it's approaching the lower end of its recent trading range.Range support has stood firm for well over a year. The only time it failed came in late-2018, when the entire market was being hammered. Should $320 give way, it technically puts the $300 level on the table -- with the fourth-quarter lows near $286 possible below that.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf support holds, see if BA can take out its recent high at $344. If so, its 100-week moving average and downtrend resistance (blue line) are possible. Top Stock Trades for Tuesday No. 2: Pinterest (PINS)Source: Chart courtesy of StockCharts.comPinterest (NYSE:PINS) has suddenly found itself back in demand, with shares rallying from $20 to $24 in just a few trading sessions.Despite an upgrade propelling it higher on Friday, shares backed off after running into prior range support between $24 and $25, as well as the declining 100-day moving average.What now? Let's see if the stock can find its footing and continue to press higher. Otherwise, a correction down to $21 and/or the 20-day moving average may be in the cards. Top Stock Trades for Tuesday No. 3: Amazon (AMZN)Source: Chart courtesy of StockCharts.comA lot of investors are bemoaning the way Amazon (NASDAQ:AMZN) is trading lately. While it lacks the firepower that other mega-cap tech stocks have shown, it is doing better.Shares broke down below a rising wedge formation (purple lines), but the stock is finding support from the backside of prior channel resistance (blue line), as well as the 20-day moving average.Below this zone would be discouraging. But as long as it stays above the 200-day moving average, bulls still have something to work with. Below the 200-day, and that changes.On the flip side, bulls need to see AMZN clear $1,900 to regain momentum. Above puts the recent high of $1,917 on the table, followed by a potential test up to its July gap near $1,940. Top Stock Trades for Tuesday No. 4: Schlumberger (SLB)Source: Chart courtesy of StockCharts.comSchlumberger (NYSE:SLB) initially rallied on Friday after reporting earnings, but has since turned lower. Now comes make-or-break time.Near $37.50, SLB stock has the rising 50-day moving average and uptrend support (blue line) in play. Below this zone, and longs may want to consider hitting the exits. Below the 200-day moving average, though, and that's most certainly the case for traders.On the upside, investors can see that SLB failed to reclaim $40, a key technical level over the past year. If SLB can reclaim this mark, it will show that bulls are back in control. For now, though, let's see if that trend support holds up. Top Stock Trades for Tuesday No. 5: Twilio (TWLO)Source: Chart courtesy of StockCharts.comTwilio (NYSE:TWLO) has been like a little rocket. Shares broke out over long-term downtrend resistance (blue line) in December, while most growth stocks were already well out of their respective downtrends.In any regard, TWLO has been playing catch-up. On the last trading day of 2019, TWLO closed at $98.28. However, the stock headed north of $120 in five trading days since, all of which were positive. Now, shares are chopping between $117.50 and $121 -- the latter of which comes into play with the 200-day moving average.Below $117.50, and TWLO may correct a bit further given its large run. However, a move over the 200-day moving average, and the $123 mark could fire up the rally once more -- potentially sending TWLO over $130.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long PINS and TWLO. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post 5 Top Stock Trades for Tuesday: BA, PINS, AMZN appeared first on InvestorPlace.

  • Benzinga

    Wells Fargo Sees 30% Upside In Pinterest Shares, Says 'Fundamentals Remain On Solid Footing'

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  • MarketWatch

    Pinterest stock rallies again after Wells Fargo upgrade

    Shares of Pinterest Inc. have had a strong week, rising 17% over the past three trading sessions, and the rally looks poised to continue after an upgrade to overweight from equal weight by Wells Fargo analyst Brian Fitzgerald. The stock is up more than 4% in premarket trading Friday. "Shares have materially underperformed the broader market since the company's April 2019 IPO, despite our view that the company's fundamentals remain on solid footing, as Pinterest has delivered generally solid results, handily exceeding pre-IPO targets with healthy audience and engagement growth, strong revenue growth and solid progress toward profitability," he wrote. He sees several catalysts down the road, including greater engagement stemming from more video on the platform, improvements in monetization on the heels of ad-tech upgrades, and better international monetization as the company invests in an overseas sales force. Fitzgerald said that Pinterest's average revenue per user in the U.S. was 22.5 times what it was internationally in the third quarter, compared to 3.6 times for Snap Inc. , 4.6 times for Twitter Inc. , and 6.9 times for Facebook Inc. . He upped his price target to $30 from $28. Pinterest shares have risen 26% over the past month, but they're off 12% over three months. The S&P 500 has climbed 4% over one month and 11% over three.

  • TheStreet.com

    Pinterest Upgraded at Wells Fargo After Shares `Materially Underperform' the Market

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  • Pinterest Overtakes Snapchat in Popularity Among US Users
    Zacks

    Pinterest Overtakes Snapchat in Popularity Among US Users

    Pinterest (PINS) becomes the third largest social media network, surpassing Snapchat, per a recently released eMarketer Report. The report predicts Pinterest's user growth to continue in 2020.

  • Business Wire

    Pinterest to Announce Fourth Quarter and Fiscal Year 2019 Results

    Pinterest, Inc. (NYSE: PINS) will release financial results and a letter to shareholders for the fourth quarter and fiscal year 2019 on Thursday, February 6, 2020 after market close. The company will host a Q&A conference call to discuss these results at 2:30 p.m. PT (5:30 p.m. ET) on the same day.

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    3 Momentum Stocks to Consider for 2020

    A new calendar year doesn't always mean a fresh start. But when it comes to three of 2019's more painful investments, well-built technical bottoms and out-the-gate momentum in January are favoring turnarounds that become full-fledged, bullish momentum stocks in 2020. Let me explain.I've said it before and it bears repeating, every dog has its day. In the markets this is akin to down and out stocks, which unexpectedly surprise investors with a jump in share price. But not every doggish stock is bound to be sent back into the proverbial dog house. Some will go on to become momentum stocks.As discussed earlier this month at InvestorPlace.com, rotations into underappreciated or even vilified stocks can turn into massive opportunities as overly bearish sentiment and price action turn aggressively around. Often these disruptive shifts in investment behavior occur early in the calendar year. If for no other reason this phenomenon can be tied to institutional investors who can move more freely into last year's dogs without having to defend a stock with fleas to stakeholders at year-end.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Cheap Stocks to Buy Under $10 Having said that, Beyond Meat (NASDAQ:BYND), Pinterest (NYSE:PINS) and Grayscale Bitcoin Trust (OTCMKTS:GBTC) are three investment vehicles that demonstrate potential as momentum stocks in 2020. Momentum Stocks to Buy: Beyond Meat (BYND) Source: Charts by TradingViewAfter getting scorched in 2019 faux-meat producer Beyond Meat has quickly become a sizzling investment with Wall Street. Shares are up roughly 50% in just over a handful of trading days in 2020's early going. The catalyst? The initial headline driver was privately held rival Impossible Foods was throwing in the towel on its bid to land a spot on the McDonald's (NYSE:MCD) menu. And that leaves the door wide open for BYND stock.Technically speaking and aside from the huge gain in share value, BYND stock has firmly broken price resistance formed during the construction of a key lateral congestion pattern.BYND Stock Strategy: Our recent recommended strategy nailed a huge win in this momentum stock. But while resistance has been overcome, BYND stock is also incredibly volatile and overbought near term. My advice, put shares on the radar for purchase in-between $95 - $105 as part of a married put or collar options-based position. Pinterest (PINS) Source: Charts by TradingViewPinterest is the next of our momentum stocks to buy. When all was said in done in 2019, the popular web-based visual discovery platform saw shares cut in half from their highs and modestly below their IPO stock price of $19. But now investors might be smart to recognize what a difference a day can make.In truth, shares were already on the move out-the-gate in 2020. But Tuesday's near-10% gain has shares looking like a bonafide momentum stock. The headline driver was a report PINS stock has overtaken Snap (NYSE:SNAP) in users and only trailing social media giant Facebook (NASDAQ:FB) and the company's Instagram app.Technically, PINS stock has confirmed December's bottoming hammer candlestick formed around the 1.27% extension level and begun a move into a large gap area. This could produce a vacuum-like sweeping of shares higher before an eventual pullback. * 7 Socially Responsible ETFs to Buy in 2020 PINS Stock Strategy: This momentum stock can be bought today in anticipation of the price gap being filled. On a challenge of the $25 area, I'd recommend buying a protective put on the cheap and leave the upside open-ended until after earnings in February. Grayscale Bitcoin Trust (GBTC) Source: Charts by TradingViewThe Grayscale Bitcoin Trust is the last of our momentum stocks to buy. GBTC stock is a listed trust tied to the cryptocurrency market's largest play. Investors pay a premium versus owning the actual contract. However, due to the transparency of listed OTC securities, as well as the product's strong liquidity, I believe this is a more suitable way for most investors to gain exposure.Any investor with even a passing interest in the markets has heard of bitcoin's dazzling run and equally impressive crash over the past couple years. But if there's one game-changing technology in the market right now, the cryptocurrency space would definitely deserve to be in that conversation. And right now there's reason to see another bullish cycle emerging and GBTC's status as a momentum stock back in action.Technically, shares of GBTC have formed and confirmed a bullish higher low pattern between the 62% and 76% Fibonacci levels on the monthly chart. With GBTC up roughly 22.50% in January, it's fair to say this is a momentum stock opportunity. Yet another glance at the big picture also strongly suggests bitcoin is just now turning the corner for bullish investors.GBTC Stock Strategy: Buy this momentum stock today. But don't go all in. I'd recommend adding if confirmation of the rally is backed by a bullish crossover from GBTC stock's monthly stochastics. Use the recent low for exiting if needed and stand ready to take partial profits at the 2019 high near $17.50.Disclosure: Investment accounts under Christopher Tyler's management currently own positions in Beyond Meat (BYND) and Bitcoin (GBTC) securities, but no other investments mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Up-and-Coming Small-Cap Stocks to Watch * 7 Energy Stocks to Buy on the Resurgence of the Oil Boom * 3 Standout Oil Services Stocks to Buy The post 3 Momentum Stocks to Consider for 2020 appeared first on InvestorPlace.

  • Pinterest (PINS) Catches Eye: Stock Jumps 9.6%
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    Pinterest (PINS) Catches Eye: Stock Jumps 9.6%

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    Pinterest Stock Spikes on Report It Now Has More Users Than Snapchat

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  • Pinterest Soars After Report Shows U.S. Users Eclipsing Snapchat
    Bloomberg

    Pinterest Soars After Report Shows U.S. Users Eclipsing Snapchat

    (Bloomberg) -- Pinterest Inc. shares rose as much as 13% on Tuesday after a report showed it beat out Snap Inc.’s Snapchat to become the third-biggest social media platform in the U.S.Pinterest had an estimated 82.4 million U.S. users in 2019, a 7.4% gain from the previous year, while Snapchat had 80.2 million users, data tracker eMarketer estimated. Pinterest’s U.S. users are projected to rise 4.4% to 86 million in 2020, the firm said. Facebook and Instagram, both owned by Facebook Inc., hold the top two positions.“While Snapchat has a young core audience that it caters to, Pinterest has a more universal appeal, and it’s made significant gains in a wide range of age groups,” analyst Nazmul Islam said in the report.Pinterest makes the bulk of its revenue from U.S. users and is in the early stages of efforts to boost international ad sales. The stock still hasn’t recovered from losses after a third-quarter revenue miss led to a 17% plunge in November.While some analysts say the company’s third-quarter earnings results hint at saturation in its U.S. market, bulls say the stock remains attractive as it continues to develop its advertisement offerings.Wall Street’s expectations for Pinterest’s fourth-quarter financial results “are reasonable” and user survey results revealed positive trends, RBC Capital Markets analyst Mark Mahaney said in a research note late Monday. The results are due in mid-February.To contact the reporter on this story: Andres Guerra Luz in New York at aluz8@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Jeran WittensteinFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.

  • MarketWatch

    Pinterest stock surges 10% after eMarketer says it has passed Snapchat in users

    Shares of Pinterest Inc. are up 9.8% in Tuesday morning trading after a report from eMarketer said that the service is now the No. 3 social-media platform in the U.S., beating out Snap Inc. . Pinterest had 82.4 million users in 2019, according to eMarketer estimates, compared with 80.2 million for Snap. The report predicts that Pinterest will maintain its edge extending into 2022. Pinterest lagged Snap in terms of eMarketer's user estimates in 2018. The estimates look at users of any age who visit the services once a month. For Pinterest, eMarketer looks at interest users who access their accounts on any devices and for Snapchat it looks at those who visit from the mobile app. Representatives from Pinterest and Snap didn't immediately respond to MarketWatch's request for comment. Pinterest shares have gained 23% over the past month, as the S&P 500 has risen 3.7%.

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  • Is the Slump In Pinterest Stock Finally Finished?
    InvestorPlace

    Is the Slump In Pinterest Stock Finally Finished?

    When it comes to social media stocks, there are a few giants that get the bulk of the attention, such as Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR). But there are other social media companies that deserve investors' attention. One of these is Pinterest (NYSE:PINS). This has been a trying year for those who bought PINS stock -- with an impressive run after the company's April IPO, followed by an even bigger slide starting in the fall -- but the turmoil seems to have settled.Source: Nopparat Khokthong / Shutterstock.com And now Pinterest stock has levelled out over the past month or so. With shares now trading below their IPO price, is now the time to consider an investment in Pinterest? PINS Stock: A Social Media Investment That's DifferentFacebook and Twitter are mature social media platforms. They have a huge number of users, but their growth rates have slowed significantly. For example, in its last quarter, Facebook reported it had 2.45 billion monthly active users (MAU). That's an 8% gain over the previous year. Last February, Twitter reported it had 321 million MAU. That was down from the previous year, and marked the third-straight quarter where the platform lost users. In response, Twitter announced it would stop publishing that metric altogether. InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn addition, both Facebook and Twitter have been embroiled in controversy over data privacy and the use of their platforms for election tampering. Both have faced government scrutiny and the prospect of regulation. In 2019, Facebook was hit with a record-setting FTC fine, after being ordered to pay $5 billion in penalties for privacy violations. * 10 2019 Winners That Will Be 2020 Losers Pinterest is different. It's a social media platform, but one that's on the upswing. Where Facebook and Twitter are seeing relatively flat user growth, in its last quarter Pinterest announced MAU numbers that were up 28% compared to the previous year. Revenue was up 47% for the quarter. Where Twitter and Facebook have been under fire for their policies, Pinterest has earned praise for its swift response when users post controversial content.That all sounds good, but something has spooked investors, resulting in a PINS stock price that's now just over half the $36.56 it hit in mid August. Why the Fall Punishment for Pinterest Stock?Shortly after its April IPO, Pinterest stock had a cooling off period, but then it rapidly climbed through the summer. At the end of August it began to slide, and the decline continued through the fall. PINS stock dropped 17% in a single day after reporting Q3 earnings on Oct. 31. Although the company beat estimates for earnings per share, and posted better-than-expected user growth, revenue and average revenue per user were misses.As InvestorPlace contributor Ian Bezek points out, concern about international growth hit PINS stock hard. The worry wasn't that the company wasn't seeing growth outside of the U.S., it was actually the opposite. International growth is accelerating faster than the American market, and investors aren't convinced that Pinterest can monetize those users to the same extent. In October, New York University marketing professor Scott Galloway tweeted his list of "overvalued unicorns" with Pinterest at the top. Is Now the Time to Invest in Pinterest?At its current $18.40, the PINS stock price is below its $19.00 IPO price, and the $23.75 it hit on its first day of trading. However, the tumble that began last fall appears to have halted. There have been some minor ups and downs, but Pinterest stock has remained flat for over a month, suggesting the worst is over.Pinterest is expected to report Q4 earnings at the start of February and that's a wild card. Long-term, PINS stock has real potential and its current price makes it tempting. But if the company reports Q4 numbers that once again show American user base growth not keeping up with the international pace and a corresponding revenue miss, its possible that Pinterest stock could take another hit. As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 2019 Winners That Will Be 2020 Losers * 5-Year Returns for 5 Dow Jones Stocks Entering 2020 * 5 Semiconductor Stocks to Buy for Big Gains In 2020 The post Is the Slump In Pinterest Stock Finally Finished? appeared first on InvestorPlace.

  • 3 IPO Stocks That Are Down But Not Out
    InvestorPlace

    3 IPO Stocks That Are Down But Not Out

    A new calendar year can mean a fresh start. And when it comes to three of last year's bigger IPO stock disappointments, Lyft (NASDAQ:LYFT), Beyond Meat (NASDAQ:BYND) and Pinterest (NYSE:PINS), might be down right now, but don't count them out in 2020.Some believe every dog has its day. And with investing there's more than a bit of truth in that conviction. Even better, on Wall Street rotations into underappreciated or vilified stocks can sometimes turn into very large profitable opportunities as overly bearish sentiment does a complete about face. Recent IPO stocks under technical pressure in 2019 are an interesting group with this type of more meaningful potential. * 10 2019 Winners That Will Be 2020 Losers Buying an out-of-favor IPO stock may not result in owning the next Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) or Costco (NASDAQ:COST). Still, younger, smaller capitalization companies typical of IPO stocks do hold this kind of longer-term possibility. Add in leadership in an emerging market with growth potential and the opportunity is increased. And combined with price action ripe for bottoming, you may not have an Apple (NASDAQ:AAPL) on your hands, but you're off to a promising start.InvestorPlace - Stock Market News, Stock Advice & Trading Tips IPO Stocks to Buy: Lyft (LYFT)Source: Charts by TradingViewRideshare operator Lyft is the first of our IPO stocks to buy. A late October earnings report drove home the point LYFT stock has what it takes to succeed in this new growth market. The company delivered record-beating revenues, toppled consensus earnings forecasts and issued upwardly revised top and bottom-line guidance.Now this IPO stock has pulled back into a technically supportive area for buying on weakness. Shares are currently testing the 62% retracement level after a post-earnings rally broke LYFT stock's lifetime downtrend resistance line. But with stochastics in an overbought position, I'm looking for a purchase near Lyft's post-earnings doji-style hammer candlesticks.LYFT Stock Strategy: Monitor this IPO stock for a weekly bottoming candlestick to form closer to the earnings low highlighted in yellow on the price chart. With support from the broken downtrend also coming into play around $40, setting a stop-loss beneath $39.40 to contain downside exposure on any future purchases makes sense. Beyond Meat (BYND) Source: Charts by TradingViewBeyond Meat is the next of our IPO stocks to buy. The faux-meat disruptor sizzled past Street forecasts when it reported earnings in October. But an expiring lockup period and competition concerns got the better of investors and continues to hold its grip on shares. The good news entering 2020 is BYND stock looks ready to cook higher.Technically, shares have worked their way into a solid-looking lateral price consolidation. The healthy congestion pattern is putting together a successful challenge of BYND stock's opening week high and finishing price. This area could prove important as it preceded the IPO stock's massive run-up in share price. My guess is there are now natural buyers residing in this area. * 7 Dividend Stocks to Buy to Kick Off the New Year BYND Stock Strategy: Shares have just signaled a bullish stochastics crossover. That's nice to see, however today's advice is to wait for price confirmation that endorses this price area for buying. Given BYND's volatile nature, my suggestion is to purchase this IPO stock above $81 and size the position to allow for a stop-loss beneath $64.50. And if BYND stock begins to really sizzle again, $120 - $125 is an initial price target for taking profits. Pinterest (PINS) Source: Charts by TradingViewPinterest is the last of our IPO stocks to buy. The wildly popular web-based visual discovery had a tough time maintaining Wall Street's interest after a promising earnings-driven breakout this past summer. But with shares cut in half from their highs and modestly below their IPO stock price of $19, the PINS story is looking very attractive entering 2020.At current prices this IPO stock now sports half the market capitalization of internet peers Twitter (NYSE:TWTR) and Snap (NYSE:SNAP). Moreover, PINS stock is still growing. Additionally, Pinterest has a similar active user base of more than 300 million, while offering a much stronger vertically integrated road map for sustainable growth.As such, it's time investors pay attention to PINS stock. And the price chart agrees. Technically, shares have put together a solid bottoming candle on heavier and above-average volume near a Fibonacci extension level and last quarter's post-earnings drubbing. And with stochastics hinting at a bottom-in-the-making, Pinterest is nearly ready for buying.PINS Stock Strategy: Buy this IPO stock on a move above $19.48, which confirms the weekly chart's highlighted bottoming candlestick. Set a stop beneath $17.15 to prevent larger losses if new lows are in the cards. But if PINS finds Wall Street's favor once more, $26 - $27 looks like a respectable spot to show your appreciation for taking profits.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 2019 Winners That Will Be 2020 Losers * 5-Year Returns for 5 Dow Jones Stocks Entering 2020 * 5 Semiconductor Stocks to Buy for Big Gains In 2020 The post 3 IPO Stocks That Are Down But Not Out appeared first on InvestorPlace.

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