3 Reasons to Buy Snowflake Stock, and 1 Reason to Sell
Snowflake (NYSE: SNOW) used to be a high-flying tech stock that excited many investors. But that sentiment has changed, and the stock is nearing all-time low prices. This can either be seen as a buying opportunity or a sign of things to come, but it's not entirely clear which it is.
I came up with three reasons Snowflake could be a fantastic buy right now, but also one reason to sell. Even though it's three reasons to one, the one thorn in Snowflake's side could be enough to avoid it entirely.
Snowflake's products center around its data cloud offering. Its software provides everything its clients could want in terms of data collection, storage, and processing. This offering has amassed a large clientele, with nearly 10,000 customers using the product.
Source Fool.com
