Better Cloud Stock: ServiceNow vs. Snowflake

ServiceNow (NYSE: NOW) and Snowflake (NYSE: SNOW) are both high-growth cloud stocks that have stumbled as rising inflation and higher interest rates drove investors toward more conservative investments.

Over the past two months, ServiceNow's stock price declined nearly 20%, while Snowflake's stock price slumped more than 30%. Should investors consider buying either cloud stock right now?

ServiceNow and Snowflake both break down silos and simplify tasks for large companies with their cloud-based subscription services.

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Source Fool.com