Here's My Single Best Investment Idea for August

If you're looking to put your money to work in a high-growth company that has 10-bagger potential this decade, let me introduce you to my single best investment idea for August: social media giant Pinterest (NYSE: PINS). If you're willing to hang on for the next five to 10 years, if not longer, I think you'll be satisfied purchasing Pinterest at any price over the next couple of weeks or months. As is customary when I share my favorite investment idea of the month, I'll first run through some of the concerns that Pinterest shareholders (or prospective investors) should keep in mind.