Snowflake Stock: A Sleeping Giant Ready to Erupt with 30% Gains
Snowflake(SNOW) Investor Place·2024-07-11 18:35
Snowflake (NYSE:SNOW), which specializes in software for cloud-based data warehousing, certainly wasn’t a darling of the market in 2024’s first half. However, contrarian investors should definitely put Snowflake on their watch lists. The sell-off in Snowflake stock was overdone, and a second-half comeback is almost inevitable.Analysts are generally bullish about Snowflake, and as we’ll see, one analyst firm even put the company’s stock on its shortlist of high-conviction picks. So, consider buying when othe ...