Before You Buy Snowflake, Take a Look at These Cloud Software Companies

With a lot of hype surrounding new IPO Snowflake, some investors may be wondering if they should buy the stock soon, even though Snowflake has already doubled over its IPO price. But are there other opportunities that would give you similar access to the cloud and big data market?

Snowflake definitely appears to be one of the highest-quality cloud software stocks around. It's growing really fast, has a large addressable market, and is well-managed. However, it's not alone in these qualities by any means. After the recent technology sector pullback, many quality SaaS companies have been marked down. Going into the fall, are there better alternatives for your investment dollars?

How does Snowflake compare to other SaaS vendors? Image source: Getty Images.

Continue reading

Source Fool.com