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technology stocksThe Motley Fool
•76% Informative
Snowflake's IPO generated a lot of hype due to its innovative core product, a data warehousing platform that enables its clients to store and query their data securely in the cloud.
At its peak, Snowflake traded at an enterprise-value-to-sales ratio of over 215 .
Snowflake trades at a fraction of what it was -- and roughly half what it once was.
Snowflake isn't one of the 10 best stocks for investors to buy now.
Investors who buy in now could enjoy stellar returns.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 657,306 !.
VR Score
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