Topics

Posted 8/31/2023, 11:30:00 AM

Is Snowflake a Top AI Stock to Buy Now?

Snowflake's stock, despite being a fast-growing company in the AI industry, is burdened by its lack of profitability and excessive stock-based compensation, which dilutes shareholder value and reduces long-term gains.

fool.com

Relevant topic timeline:

8/21/2023

A Bull Market Is Coming: Here Are 2 Magnificent Growth Stocks to Add to Your Portfolio, and 1 to Avoid

Snowflake and CrowdStrike are two top AI stocks worth buying and holding for the long term, while C3.ai should be avoided due to its high valuation and speculative growth path.

8/23/2023

Snowflake Results Top Estimates as Its Stock Rises

Snowflake stock rises in late trading as it surpasses earnings expectations, although its outlook for the current quarter is slightly below expectations.

8/23/2023

Snowflake earnings: What to expect from the software company

Software company Snowflake is expected to deliver solid financial results in its upcoming report, with analysts predicting increased earnings and revenue driven by positive consumption trends and improved sales momentum in a challenging budget environment.

8/23/2023

Snowflake Trounces Views On 36% Sales Growth; Shares Are Rising

Cloud-data platform provider, Snowflake, reported strong second-quarter earnings, exceeding analyst expectations with a 36% increase in revenue, leading to a 3% rise in their stock value.

8/30/2023

Down 62%, This AI Stock Is Owned by Warren Buffett's Investment Firm -- and You Might Want to Buy It, Too

Berkshire Hathaway's investment in Snowflake, an unprofitable cloud computing company, may raise eyebrows, but Snowflake's role in the data business and its potential in the AI industry make it an attractive investment opportunity for long-term investors.

8/31/2023

A Bull Market Is Coming: 2 Warren Buffett Growth Stocks Down 29% and 63% to Buy Right Now

Buffett's Berkshire Hathaway holds two tech stocks with growth potential: Amazon, which has consistently increased its revenue and profitability, and Snowflake, a data-software company poised to benefit from the AI revolution and with strong sales growth. Both stocks are considered discounted and may be attractive for growth-focused investors.

9/4/2023

Best Artificial Intelligence (AI) Stock to Buy: Nvidia Stock vs. Snowflake Stock

Nvidia and Snowflake are compared to determine which stock is better for investors looking to capitalize on the AI trend.

9/11/2023

Snowflake CEO Predicts AI Will Become Ubiquitous Like Search Engines

Snowflake CEO, Frank Slootman, believes that artificial intelligence (AI) will soon become so integral to people's lives that they will no longer remember a world without it, and he is optimistic about its enterprise potential. However, he also cautions that the hype around generative AI may not be relevant for big data companies.

9/11/2023

Snowflake's Stock Dips Despite Strong Earnings as Investors Seek Near-Term Profitability Over AI Promises

Shares of Snowflake, the data cloud company, did not perform well after its latest quarterly results, but it should be seen as a buying opportunity as the company remains committed to AI and is focused on developing effective business models in the AI space.

9/20/2023

Amazon and Snowflake Lead in Cloud and AI, While Apple Lags Despite Size

Warren Buffett's Berkshire Hathaway has a major stake in Apple, but investors should consider buying Amazon and Snowflake instead as they have clearer AI strategies and strong growth prospects. Amazon's market dominance in e-commerce, adtech, and cloud computing positions it as a leader in AI innovation, while Snowflake's data management platform and cloud neutrality make it uniquely positioned to enable AI workloads. Both companies have the potential for significant sales growth and offer attractive valuations.

Topics

Posted 8/31/2023, 11:30:00 AM

Is Snowflake a Top AI Stock to Buy Now?

fool.com

Relevant topic timeline:

8/21/2023

A Bull Market Is Coming: Here Are 2 Magnificent Growth Stocks to Add to Your Portfolio, and 1 to Avoid

Snowflake and CrowdStrike are two top AI stocks worth buying and holding for the long term, while C3.ai should be avoided due to its high valuation and speculative growth path.

8/23/2023

Snowflake Results Top Estimates as Its Stock Rises

Snowflake stock rises in late trading as it surpasses earnings expectations, although its outlook for the current quarter is slightly below expectations.

8/23/2023

Snowflake earnings: What to expect from the software company

8/23/2023

Snowflake Trounces Views On 36% Sales Growth; Shares Are Rising

Cloud-data platform provider, Snowflake, reported strong second-quarter earnings, exceeding analyst expectations with a 36% increase in revenue, leading to a 3% rise in their stock value.

8/30/2023

Down 62%, This AI Stock Is Owned by Warren Buffett's Investment Firm -- and You Might Want to Buy It, Too

8/31/2023

A Bull Market Is Coming: 2 Warren Buffett Growth Stocks Down 29% and 63% to Buy Right Now

9/4/2023

Best Artificial Intelligence (AI) Stock to Buy: Nvidia Stock vs. Snowflake Stock

Nvidia and Snowflake are compared to determine which stock is better for investors looking to capitalize on the AI trend.

9/11/2023

Snowflake CEO Predicts AI Will Become Ubiquitous Like Search Engines

9/11/2023

Snowflake's Stock Dips Despite Strong Earnings as Investors Seek Near-Term Profitability Over AI Promises

9/20/2023

Amazon and Snowflake Lead in Cloud and AI, While Apple Lags Despite Size