January 15, 2020
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Stocks To Watch This Week
Pinterest, Inc. is a Conglomerates company in the, you guessed it, Conglomerates sector. This stock saw huge gains today, after the market research firm “eMarketer” wrote in a blog post that PINS has passed SNAP in users to become the third-largest U.S. social- media platform, behind only FB and its sister site Instagram. According to eMarketer, PINS had 82.4 million users in 2019, up 9.1% from 75.5 million in 2018, and ahead of SNAP at 80.2 million users, which was up 5.9% from 75.8 million in 2018. I plan to dip buy this for a day trade at the $21.20 critical support level.
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