This month's debut of Snowflake (NYSE: SNOW) lived up to the hype. The stock that was initially set to hit the market as low as $75 eventually was priced at $120 -- only to more than double out of the gate. There's a lot to like about the cloud-native data management system provider, but it ultimately boils down to growth. Snowflake's revenue soared 174% in its previous fiscal year, slowing to 149% and then 121% in the first two quarters of this year.
Most companies would love to be growing their top lines by 121% in their latest quarters, but a few exciting growth stocks are faring even better. Zoom Video (NASDAQ: ZM) , Etsy (NASDAQ: ETSY) , and Livongo Health (NASDAQ: LVGO) saw their revenues soar 355%, 137%, and 125%, respectively, in their latest quarterly reports. And while Snowflake's revenue growth is starting to slow, all three of these stocks saw their businesses accelerate. Let's take a closer look at the companies sprinting past Snowflake.
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3 Hot Stocks Growing Faster Than Snowflake Right Now