From Nasdaq:

Pinterest Inc. shares have surged 53.6% year to date, driven by customer engagement and strong cash flow. Earnings estimates for the current and next fiscal year have increased 44.6% and 30.3% respectively. They carry a Zacks Rank #2 (Buy) and appear primed for further appreciation.

Pinterest provides a platform for users to discover visual recommendations, generating revenues through targeted ads. It sets itself apart from other social media platforms and is emphasizing cost optimization and personalization to drive growth. It is well-positioned with a strong balance sheet and significant cash flow.

Two other key picks include Arista Networks and NVIDIA Corporation. Arista holds a Zacks Rank #2 and focuses on offering software-driven, data-centric solutions for cloud architecture. NVIDIA, also carrying a Zacks Rank #2, is the leader in visual computing technologies. United States Cellular Corporation (USM), with a Zacks Rank #1, aims to offer the best wireless experience and is well-positioned to support investment required for network enhancements, including 5G technology.



Read more: Pinterest (PINS) Soars 54% YTD: Will This Uptrend Continue?