Snowflake Stock News

Two stocks in Buffett's current portfolio have huge upside potential. Both companies have growth runways that could last decades.

SaaS companies have strong growth potential in an ever-expanding TAM. The SaaS business model is unique and has a host of key operating and financial metrics to analyze. Certain metrics, such as Rule of 40, are key in determining a company's success rate.

Artificial intelligence (AI) data cloud provider Snowflake Inc. NYSE: SNOW has had a series of misfortunate events, ranging from an earnings miss to data breaches, that caused its stock to tumble to 52-week lows at $122.60 on June 25, 2024. However, the shares have been able to rally for four consecutive days following the low as the market reconsiders its sentiment and ponders whether the sell...

Snowflake made it onto Goldman Sachs' July "Conviction List." Its analyst believes Snowflake's new CEO can turn around the stock's fortunes.

A 40% hit to Snowflake Inc (NYSE: SNOW) over the past four months is an opportunity to build a position at a discount, as per a Goldman Sachs analyst.  Shares of the data cloud company do not currently pay a dividend.

Snowflake is seeing selling pressure in FY 2024 despite the cloud platform seeing strong top line growth and a 1 PP revenue acceleration in FQ1'25. The company's net losses are a concern, but free cash flow remains strong, with a 40% margin in the last quarter. Relatively new and evolving product offers like Snowflake Cortex AI make the Snowflake platform more attractive to enterprise customers.

Two Warren Buffett stocks now trade below his purchase price. If you want to invest alongside Buffett at a discount, now is your chance.

Forget the million-dollar lottery ticket. The real path to wealth could be hiding in plain sight: undervalued stocks.