Snowflake Is Giving Investors Cold Feet
Thesis Does anyone remember Foreigner's "Cold as Ice" song? Well, that's how Snowflake (NYSE:SNOW) is treating us lately! In this article, I'll examine whether the lack of love is coming from Snowflake or broader systemic issues. A discussion of cloud infrastructure is made along with Snowflake's position within this rapidly expanding market. I'll demonstrate how I value SaaS (Software As A Service) companies, making adjustments for their growth rates, business position and profitability. I'll focus on Sno ...