I look at earnings from Pinterest (NYSE: PINS) and Spotify (NYSE: SPOT) in today's video, and share three reasons why their drop in stock price might be a buying opportunity. Pinterest Pinterest's most recent earnings showed strong year-over-year growth in revenue, monthly users, and average revenue per user. Pinterest is fundamentally strong. It has now had three consecutive quarters of profitable adjusted EBITDA and has a balance sheet with a solid cash position and short-term investment, and no debt. For fiscal year 2021, Pinterest will focus its research and development efforts to improve its content, the Pinner experience, advertiser success, and shopping. Spotify Spotify's most recent earnings showed both year-over-year and quarter-over-quarter growth for total monthly users, premium subscribers, and ad-supported users. Spotify continues to innovate and try new concepts. It recently acquired Betty Labs to accelerate its entry into the live audio space. It also announced a partnership with Facebook (NASDAQ: FB) to allow social users to listen to Spotify music without switching applications. For FY 2021, Spotify expects growth in monthly active users and the addition of at least 14 million new paid subscribers to its platforms. Click the video below for my full thoughts. *Stock prices used were the market prices of April 28, 2021. The video was published on April 28, 2021. 10 stocks we like better than Spotify TechnologyWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Spotify Technology wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jose Najarro owns shares of Facebook and Spotify Technology. The Motley Fool owns shares of and recommends Facebook, Netflix, Pinterest, and Spotify Technology. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.Source