Many investors dream of a small investment in a stock leading to a million-dollar return. Indeed, stocks such as Amazon or Apple brought such returns for long-term investors.

However, finding such stocks is a challenging feat. Even if one buys a stock with tremendous potential, outsized returns are not guaranteed. Still, such returns tend to come from fast-growth companies offering something new to the marketplace, and given its rapid growth and potential in the data cloud, Snowflake (NYSE: SNOW) warrants a closer look.

Snowflake is likely to keep generating outsized growth because it is increasingly becoming the data cloud software of choice for enterprises. Its software stores and secures data and allows for complex data pipelines, large-scale analytics, feature engineering, interactive applications, and more, all with one platform-agnostic engine.

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Source Fool.com