Snowflake (SNOW +1.20%) could surprise investors in 2023. This video will determine if investors should buy Snowflake stock right now.
*Stock prices used were the afternoon prices of Dec. 30, 2022. The video was published on Jan. 1, 2023.
Down 57.8% in 2022, Is Snowflake Stock a Buy for 2023?
The cloud business is snowballing but losing money on the bottom line.
By Parkev Tatevosian, CFA – Jan 2, 2023 at 9:00AM EST
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.