Is Snowflake Stock's 9.47X PS Still Worth it? Buy, Sell, or Hold?

Snowflake (SNOW) shares are trading at a significant premium compared to the Zacks Computer & Technology sector. Its forward 12-month Price/Sales of 9.47X is higher than the broader sector’s 6.2X and the Zacks Internet Software Industry’s 2.56X.Snowflake’s near-term prospects remain foggy. The stock is not so cheap, as the Value Score of F suggests a stretched valuation at this moment.Snowflake stock has dropped 42.8% in the year-to-date period, underperforming the industry’s gain of 14.5% and the broader s ...