Snowflake Stock's Bullish Tailwind Now a Powerful Force Hosted by MarketBeat StaffDecember 14, 2023 ShareLink copied to clipboard. Play video for Snowflake Stock's Bullish Tailwind Now a Powerful ForceDetailsGuestsThe headwinds that drove Snowflake NYSE: SNOW shares to their 2022 lows began to recede early this year. Persistent outperformance and solid guidance supported by better-than-expected business spending were enough to get the analysts to stop lowering their targets. As the year progressed, the trends led analysts to begin raising their targets, and that trend is gaining momentum now. Snowflake continues to outperform its expectations and give solid guidance, spurring the analysts to raise their targets and lead the market higher.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioSNOWSnowflake4.4012 of 5 stars$162.65+1.0%N/A-47.98 Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by MarketBeat StaffDecember 14, 2023 ShareLink copied to clipboard. Play video for Snowflake Stock's Bullish Tailwind Now a Powerful ForceDetailsGuestsThe headwinds that drove Snowflake NYSE: SNOW shares to their 2022 lows began to recede early this year. Persistent outperformance and solid guidance supported by better-than-expected business spending were enough to get the analysts to stop lowering their targets. As the year progressed, the trends led analysts to begin raising their targets, and that trend is gaining momentum now. Snowflake continues to outperform its expectations and give solid guidance, spurring the analysts to raise their targets and lead the market higher.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioSNOWSnowflake4.4012 of 5 stars$162.65+1.0%N/A-47.98 Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatDo this Before Elon’s Reveal on January 22ndElon’s newest tech could pay you an extra $30,000 a year — while you sleep. It’s smaller than a quarter but...Brownstone Research | Sponsored7 Long-Term Stocks to Own Regardless of the Election OutcomeBy the time you read this, the outcome of the 2024 presidential election may (hopefully) be decided. And there...MarketBeatStunning Trump Exec Order LeakedMost people have no clue this unassuming facility exists. Yet the minute Donald Trump takes office... ...Banyan Hill Publishing | Sponsored7 Attractive Dividend Stocks Under $50As we head into the home stretch of 2024, the playbook for growth investors is the same as one year ago. You'r...MarketBeatGrab This Altcoin Before Trump's Crypto AnnouncementGrab This Altcoin Before Trump's Crypto Announcement Whatever it is, I expect it to pump the market, which ...Crypto 101 Media | Sponsored7 Housing Stocks to Buy as Mortgage Rates DipOne reason for the recent stock market volatility came from a dip in the 30-year mortgage rate. On August 9, 2...MarketBeat
