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2 Great Growth Stocks to Buy on the Dip Heading into June



The past several weeks of trading were dominated by inflation fears that heated up following April’s 4.2% CPI jump. The largest 12-month climb since 2008 came on the back of ramped upped spending, government checks, supply chain setbacks, and comparisons against the coronavirus lows.

Wall Street has, however, seen buyers step in when they felt things were overdone, with the S&P 500 finding support above its 50-day moving average. The Nasdaq, which already suffered a correction in 2021 (down 10% from its highs), has regained its footing after its pullback. The tech-heavy index is once again trading above its 50-day moving average, while the benchmark index pushes back within around 1% of its records.

There appear to be multiple reasons behind the bullishness amid inflation worries. The overall earnings picture for Q1 was impressive and estimates for the second quarter and beyond keep going up. This positive bottom-line outlook helps support the possibility that U.S. GDP grows by 6.5% or more in 2021—its strongest in roughly 35 years (also read: Previewing Q2 Earnings Season).

Along with a booming U.S. economy, driven by the vaccine rollout, some Wall Street bulls might be focused on the likelihood that there is no alternative investing continues even if the central bank is forced to raise rates sooner than originally expected to tamp down rising prices.

The yield on the 10-year Treasury sits at about 1.57% at the moment, which is about where it was before the pandemic. And the 10-year yield has only gone above 3% a few times in the past decade. Plus, even though higher rates make growth tech stocks less attractive, it seems unlikely many investors would want to park their money in relatively low-yield bonds, even if rates rise—the annualized return for the S&P 500 is around 11% since the late 1980s.

Clearly, Wall Street will remain focused on inflation, and a large, sustained rise in prices might force the Fed’s hand. Nonetheless, investors might want to consider adding strong, growth-focused stocks as we head into June that are still trading below their highs as the market bounces back…

Pinterest (NYSE:) PINS

Pinterest is a rather unique social media company in a world dominated by Facebook (NASDAQ:) FB and its various other platforms. PINS is essentially a visual discovery platform. The firm allows users to find and search for products, services, and more, from planning trips and coordinating an outfit to making home-cooked meals, learnings how to remodel or decorate a room, and beyond.

PINS has become a hit with advertisers, small businesses, entrepreneurs, and do-it-yourself enthusiasts. The company has thrived in the e-commerce and digital media age as fewer people flip through magazines or catalogs for purchasing inspiration. Plus, paid content and ads fit seamlessly into Pinterest, which is vital in our digital-heavy ad world where people pay to avoid ads on Netflix (NASDAQ:) NFLX and largely ignore more traditional banner ads.

The company’s FY20 revenue surge 48% to $1.69 billion to nearly match FY19’s 51% sales growth. PINS also added over 100 million new users last year to close 2020 with 459 million. It then topped our Q1 estimates at the end of April, with global MAUs up 30% to roughly 480 million. PINS executives also provided strong guidance that sent its consensus earnings estimates soaring, with its adjusted FY21 EPS figure 34% higher and FY22’s up 27%.

Zacks estimates now call for its FY21 revenue to climb another 52% from $1.69 billion to $2.57 billion, with FY22 expected to surge higher 36% (adding nealry another $1 billion) to come in at $3.50 billion. Alongside its impressive top-line growth outlook, PINS adjusted EPS figures are projected to soar 117% this year and 39% in FY22.

Pinterest has blown away our earnings estimates in the trailing four quarters and its positive revisions help it land a Zacks Rank #2 (Buy), alongside its “A” grade for Growth in our Style Scores system.

Pinterest is a prime example of a growth-focused technology firm that thrived during the tough early coronavirus environment. PINS was the beneficiary of its own strengths and gained on the back of wider market exuberance off the virus lows.

The stock is up 230% in the last year to destroy the Zacks Tech Sector’s 51% run and fellow standouts like Shopify (NYSE:) SHOP and Etsy (NASDAQ:) ETSY. Luckily, the stock has cooled off and closed regular hours Wednesday at roughly $63 a share, or 30% below its mid-February highs.

The stock had recouped nearly all of its losses following its February pullback, but it fell again in early April. PINS popped out of oversold RSI (30) territory earlier this month, as it attempts to regain some of its momentum, but it still sits below neutral RSI (50) levels at 47. On the valuation front, PINs trades 15% below its own year-long median at 13.8X forward 12-month sales and below fellow social media-style firm Snap’s SNAP 19.3X.

Pinterest is ready to remain a hit with advertisers and users as people disconnect from traditional media. And a recent Wall Street Journal article highlighted the company’s successful use of artificial intelligence to boost “its user and ad-revenue numbers at a much faster pace than most of its social-media peers.” The company is also improving its video capabilities. And 14 of the 20 brokerage ratings Zacks has are “Strong Buys” or “Buys,” with none below a “Hold.”

Chewy (NYSE:) CHWY

Chewy, like PINS, was designed to succeed during the remote environment. More importantly, e-commerce was already booming long before the pandemic and people utilizing delivery, especially automated delivery for essentials they know they need such as pet food, are unlikely to go back even as they start to eat out and take vacations as the vaccine push rolls on in the U.S.

CHWY is an e-commerce pet store with relatively speedy delivery. The firm sells pet food, supplies, treats, medications, and nearly anything else imaginable for a wide variety of animals. CHWY was founded in 2011 and went public in 2019 and has carved out a niche within a crowded digital commerce world dominated by Amazon AMZN, Target TGT, and others.

Chewy has expanded its offerings to make it more of a player in the pet industry that isn’t going out of style. CHWY last October launched its telehealth service called Connect with a Vet. The telehealth service, only available to autoship customers, could be a hit as people opt for convenience where they can. The firm, which also boosted its pharmacy offerings, announced on May 21 the expansion of its telehealth service to include free video consultations, extended hours, and more.

Chewy’s 2020 revenue surged 47% to $7.15 billion to beat FY19’s 37% sales expansion. The company also reported its first quarterly profit in Q4, crushing our bottom-line estimates. Overall, the digital pet store giant added 5.7 million net active customers last year, up 43% to close the year with 19.2 million.

Zacks estimates call for its 2021 sales to jump 25% or $1.8 billion higher to reach roughly $9 billion, with FY22 projected to see it add another $1.7 billion, or 20% stronger revenue. Meanwhile, its adjusted earnings are expected to skyrocket 122% to $0.20 a share this year and soar another 150% in FY22. Chewy is set to release its Q1 results Thursday, June 10.

The nearby chart showcases CHWY’s improved earnings outlook that helps it land a Zacks Rank #2 (Buy), next to its “A” grade for Growth. Furthermore, CHWY’s autoship business that allows people to have dog food and anything else delivered automatically at predetermined intervals accounts for roughly 70% of its total revenue. This creates consistent revenue streams among loyal pet owners.

Chewy was another big winner in 2020 and it’s still up 85% in the past year. But the stock has tumbled since mid-February (when growth stocks started to get crushed), with it down over 35% from its records at $74 a share. Like PINS, the stock has popped recently after it went into oversold RSI territory.

CHWY also trades at 3.2X forward sales, which marks a 15% discount to its year-long median. Some investors might want to wait for more signs of a comeback before considering Chewy, but longer-term investors don’t need to worry as much about trying to time the stock.

+1,500% Growth: One of 2021’s Most Exciting Investment Opportunities

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The World’s Most Popular Wedding Destinations, According To Pinterest



Blue coloured medina in Chefchaouen, Morocco.

According to Pinterest, Morocco is the number one place users want to plan a destination wedding.


Throughout the Covid-19 pandemic, Pinterest has been there to help us travel the world vicariously, find inspiration and share tips for visiting places that might otherwise be off limits to visitors. Now, as more people around the world are vaccinated and travel begins to make its inevitable comeback, the popular social media site is once again serving as a place to organize ideas for dream trips including epic honeymoons and destination weddings in beautiful places the world over.

A recent study by, a financial site based in the U.K., revealed the most commonly “pinned” wedding destinations around the world and in the U.S. that people have created Pinterest boards for.

Here are the results for the most popular wedding destinations around the world, by country, according to Pinterest users:

1. Morocco, with 1,001 dedicated Pinterest boards.

2. Greece, with 1,000 dedicated Pinterest boards.

3. France, with 999 dedicated Pinterest boards.

4. Italy, with 998 dedicated Pinterest boards.

5. Mexico, with 997 dedicated Pinterest boards.

6. Bali, with 996 dedicated Pinterest boards.

7. Ireland, with 990 dedicated Pinterest boards.

8. Australia, with 984 dedicated Pinterest boards.

9. New Zealand, with 981 dedicated Pinterest boards.

10. Fiji, with 979 dedicated Pinterest boards.

11. Canada, with 978 dedicated Pinterest boards.

12. England, with 977 dedicated Pinterest boards.

13. Ibiza, Spain, with 975 dedicated Pinterest boards.

14. Scotland, with 972 dedicated Pinterest boards.

15. Thailand, with 960 dedicated Pinterest boards.

16. Spain, with 956 dedicated Pinterest boards.

17. Portugal, with 889 dedicated Pinterest boards.

18. USA, with 821 dedicated Pinterest boards.

19. The Bahamas, with 732 dedicated Pinterest boards.

20. Wales, with 725 dedicated Pinterest boards.

Here’s a look at the results for the most popular wedding destinations in the U.S., according to Pinterest users:

1. California, with 1,003 dedicated Pinterest boards.

2. Colorado, with 1,000 dedicated Pinterest boards.

3. Florida, with 1,000 dedicated Pinterest boards.

4. Hawaii, with 1,000 dedicated Pinterest boards.

5. Virginia, with 998 dedicated Pinterest boards.

6. New York, with 997 dedicated Pinterest boards.

7. Texas, with 996 dedicated Pinterest boards.

8. Georgia, with 994 dedicated Pinterest boards.

9. Washington, with 993 dedicated Pinterest boards.

10. Arizona, with 988 dedicated Pinterest boards.

11. Maine, with 985 dedicated Pinterest boards.

12. Oregon, with 981 dedicated Pinterest boards.

13. Utah, with 978 dedicated Pinterest boards.

14. Montana, 977 dedicated Pinterest boards.

15. Maryland, with 976 dedicated Pinterest boards.

16. Ohio, with 973 dedicated Pinterest boards.

17. Tennessee, with 968 dedicated Pinterest boards.

18. Minnesota, with 949 dedicated Pinterest boards.

19. North Carolina, with 943 dedicated Pinterest boards.

20. Michigan, with 938 dedicated Pinterest boards.

To get the results, the folks at counted the number of public Pinterest boards associated with several keywords related to weddings and popular U.S. and international destinations. Pinterest users created boards for locales ranging from tropical islands and beaches to bustling cities as well as a blend of coastal and landlocked states, while Colorado, Florida and Hawaii tied with 1,000 boards, respecively. The study also focused on current trends, with Harry Potter, vintage, earthy, natural and farm themed weddings taking the top five spots for themed weddings, as well as popular wedding dress styles and bridal bouquets.

If you’re planning a destination wedding, pay attention to the Centers for Disease Control and Prevention (CDC) travel guidelines—as of this writing, all international travelers need to provide negative Covid-19 test results before they’re allowed to re-enter the U.S., whether or not you’re fully vaccinated—and stay on top of local health and safety protocols regarding mask-wearing and social distancing wherever you go.

All details and policies mentioned were accurate as of press time.

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Pinterest launches ‘You might just surprise yourself’ campaign



Pinterest has partnered with creative agency, Droga5 to launch its latest campaign ‘You might just surprise yourself’, exploring how the platform can expand people’s interests in ways they never saw coming.

To kick things off, Pinterest has released a TV ad in the UK, managed by agency Media Hub. The integrated campaign will run across the US and UK including high impact out-of-home, along with audio, podcast, and provocative social ads.

Directed by Yann Demange, the campaign’s hero film ‘Discovery’ – filmed in Mexico City and Los Angeles – takes the audience on a fast-paced journey of exploration focusing on one woman’s discovery before branching out into an unbroken, energetic thread of other characters’ experiences. 

A series of 15 films take this premise further, exploring the surprising leaps and ways people can expand their interests. These include a home chef discovering the fusion of burgers and sushi and a teenager trying his hand at flame nail art.

To expand the campaign across all media channels, high-impact mural out-of-home installations have been commissioned in London, New York, Chicago, and LA, along with high-impact media placements and unique brand partnerships to reintroduce the brand and spark inspiration in new ways. 

Pinterest has formed its first ever partnership with CRWNMAG, a hair and lifestyle culture magazine for Black women and NTWRK, a mobile-first video shopping platform that seamlessly blends entertainment and commerce.

“People need a place to dream, to explore and to visualize their future. Pinterest is the open invitation to try something you’d never thought you’d try. Our campaign demonstrates that Pinterest is a place where you can find a never-ending array of surprises – a place where the more you explore, the more you discover,” said Director of Marketing for Europe at Pinterest, Louise Richardson. “We want to bring people the inspiration to create a life they love and often that means inspiring you to try something new and giving you the confidence to try more, whether you succeed and it’s beautiful or you fail and it’s hilarious.”

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Morocco, Greece and France are dream wedding destinations, according to Pinterest




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Friday, 28 May 2021 09:24 AM MYT

Morocco tops a list of Pinterest users' dream destinations for getting married. ― Shutterstock pic via ETX Studio
Morocco tops a list of Pinterest users’ dream destinations for getting married. ― Shutterstock pic via ETX Studio

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NEW YORK, May 28 ― A new report based on data from social network Pinterest reveals the most attractive destinations for a wedding, according to pinners. Morocco takes first place, followed by Greece and France.

Does France still have the reputation of being the country of love and romance? The answer to that appears to be yes, according to the latest report put together by credit comparison company The report compiled Pinterest data and reveals the list of the most popular destinations for users. And, while ceremonies have been postponed due to the pandemic, brides and grooms-to-be or wannabes are still planning and dreaming. Many have created boards, to pin their favorite wedding destinations. The report has tallied them by destination and made a top 20.

An ambiance of lanterns and jewel tones is popular with Morocco in top spot. Next comes Greece, with its pretty cliffside villages. Then it’s France that climbs to the third step of the podium, probably largely thanks to Paris, with its enduring status as a city of romance. More beachy destinations such as Mexico, Bali and Fiji, also figure, landing respectively in 5th, 6th and 10th position. 

Top wedding destinations

1. Morocco

2. Greece

3. France

4. Italy

5. Mexico

6. Bali

7. Ireland

8. Australia

9. New Zealand

10. Fiji

11. Canada

12. England

13. Ibiza

14. Scotland

15. Thaïland

16. Spain

17. Portugal

18. USA

19. Bahamas

20. Wales

Meanwhile, when looking at states in the USA, California is on top with its varied landscapes and iconic cities.

Harry Potter is a top-trending theme

Fun fact: in the same report, users’ top themes are ranked. And perhaps surprisingly, a Harry Potter theme comes first, followed closely by “vintage.” In third place, is “earthy wedding,” with visions of ceremonies held in the midst of nature. ― ETX Studio

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