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Snowflake: I Expect The Stock To Be A Winner In 2024
SnowflakeSnowflake(US:SNOW) Seeking Alphaยท2024-01-10 09:56

imaginima Snowflake (NYSE:SNOW) stock is poised to be a commercial winner in 2024: My bullish assessment is based on the company's strong product release roadmap, which will help drive >30% YoY topline growth in FY24 and FY25. In that context, it's promising to see SNOW's notable product advancements in AI and the company's broader ambition to democratize AI within enterprises through the cloud data warehousing value proposition. Moreover, I am bullish on the macro backdrop as Snowflake is poised to benefit ...