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home / news releases / MSFT - Snowflake: Don't Short It Just Because It's Expensive

MSFT - Snowflake: Don't Short It Just Because It's Expensive

Microsoft Corporation
  • Snowflake reported its first quarter since IPO, backed by Berkshire Hathaway and Salesforce.
  • Snowflake does not have a SaaS business model, and instead charges based on consumption. This has led to industry-leading net dollar retention.
  • Snowflake is no doubt a winning company in the nascent era of what it calls the ‘Data Cloud’, but the stock comes at a hefty price.
  • Still, shorting just because it is expensive is not a winning strategy either. Snowflake is in the midst of long-term secular tailwinds.

For further details see:

Snowflake: Don't Short It Just Because It's Expensive
Stock Information
Company Name: Microsoft Corporation
Stock Symbol: MSFT
Market: NASDAQ
Website: microsoft.com
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