Why Pinterest Is the Social Media Stock to Bet On

Why Pinterest Is the Social Media Stock to Bet On

Over the last decade, social networks have gone from a tiny part of the economy to an estimated $61 billion industry, just in the United States. Over the last five years, the U.S. social media industry has grown at a 21.6% rate, led by Facebook (NASDAQ: FB) as it has ascended to a market capitalization of $870 billion. Here are a few reasons why Pinterest could be the next social media giant.