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home / news releases / snowflake stock finally it s a buy

SNOW - Snowflake Stock: Finally It's A Buy

Intrawest Resorts Holdings Inc.

2024-06-25 12:54:45 ET

Summary

  • Snowflake Inc. stock has declined by 70% from its peak valuation of $420 due to the AI selloff and other factors.
  • Snowflake has significant untapped AI potential, making it a possible buy opportunity with limited downside.
  • Snowflake is cheaper than recently, with strong sales growth and profitability potential, making it a compelling investment at current levels.

Snowflake Inc. ( SNOW ) "Snow" stock has been demolished after peaking at about $420. Due to the AI selloff and other factors, its share price is now about $125 , representing a 70% decline from its peak valuation. Moreover, Snow's sales and profitability have increased considerably, and the stock is much cheaper than recently. ...

For further details see:

Snowflake Stock: Finally, It's A Buy
Stock Information
Company Name: Intrawest Resorts Holdings Inc.
Stock Symbol: SNOW
Market: NYSE
Website: snowflake.com
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