Which stock has better prospects: Snap or Pinterest?

Snap Inc. (NYSE: SNAP) and Pinterest Inc. (NYSE: PINS) are two major rival companies in the stock market. Though quite different, yet a great deal of comparison is possible when it comes to these two firms. When it comes to choosing a stock between one of these companies, let us analyze both of the companies and their stocks:

Snap Inc. (NYSE: SNAP)

Snap is a completely camera-based company and Snapchat has become one of the most famous apps in the field of social media and networking. Also, Snapchat has seen a strong increase in its subscribers, as much as 18% where its subscribers have grown from 210 million to 249 million in one year.

The major source of revenue for Snap is advertising with the United States contributing 88% wholesomely. The company has recently partnered with Twitter Inc. (NYSE: TWTR) and via this new partnership, the users are able to share the tweets straight away on the messages on their Snapchat. This partnership is expected to boost up the Snapchat users in the upcoming year 2021.

Statistics of Snap Inc. (NYSE: SNAP)

  • 52 Week Range: $7.89 – $54.71
  • Average Volume: 34,397,904
  • Market Capital: $78.954B
  • Forward Dividend and Yield: N/A (N/A)

Pinterest Inc. (NYSE: PINS)

This social media network with image sharing is quite useful for discovering new information about anything from art and cooking to traveling and exploring. There is a high ratio of females who use this app with its active monthly users of 442 million and more. Over 72% of its users are females with the remaining 19% consisting of men and the rest 9% are unspecified.

The major source of income for Pinterest is the sale of digital advertisements and further continuing and uprising in platform e-commerce features. With its foundation laid 10 years ago in the year 2010, the company has risen and given its users ample ideas of almost everything. In the United States as a whole, Pinterest is the third-largest social network.

Statistics of Pinterest Inc. (NYSE: PINS)

  • 52 Week Range: $10.10 – $72.88
  • Average Volume: 17,156,362
  • Market Capital: $43.086B
  • Forward Dividend and Yield: N/A (N/A)

Better Stock to buy: Snap or Pinterest?

A contest between both of these companies in the case of their stocks has to be tough because there are many reasons to buy them both. However, if we have to choose one, then as of now, Snap emerges out as the winner. The daily active users of Snapchat are rising and there is an expectation that the number will greatly increase next year, i.e., in 2021. Therefore, on average, the shareholders at present are more inclined towards the stocks of Snap. Both the stocks are profitable in their ways but the better prospects of growth lie on the side of Snap and therefore, a little more than 50% of the investors expect better outcomes from this company in the next year and by 2022 as well.

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