Latest news with #SnowflakeInc
Yahoo
2 days ago
- Business
- Yahoo
Jim Cramer on Snowflake: 'I Think You Can Buy More'
Snowflake Inc. (NYSE:SNOW) is one of the stocks on Jim Cramer's radar. With the company reporting its quarterly earnings in a few weeks, a caller asked if they should buy more, sell, or hold. In response, Cramer said: 'I like Snowflake. I think you can buy more. I honestly do. I think that the quarter's going to be a very, very good quarter.' A person with stock market data on a laptop. Photo by Anna Nekrashevich on Pexels Snowflake (NYSE:SNOW) provides a cloud-based data platform that helps organizations unify and analyze data, build applications, and apply AI to solve business challenges. The company's AI Data Cloud supports data sharing and insight generation across multiple industries. During a July episode, Cramer called the company stock a 'great long-term position.' He commented: 'Okay, Snowflake. Well, Sridhar Ramaswamy came on our show and broke the story of that much better than expected quarter, and I say you just hold onto this. There's going to be ups and downs. Maybe it takes a little fluff out of it, but Sridhar is good for it, and I think that could be a great long-term position. I like the stock of Snowflake.' While we acknowledge the potential of SNOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31-07-2025
- Business
- Yahoo
Jim Cramer Believes Snowflake 'Could Be a Great Long-Term Position'
Snowflake Inc. (NYSE:SNOW) is one of the stocks Jim Cramer shed light on. A caller asked if they should trim or sell their position in the stock, and Cramer commented: 'Okay, Snowflake. Well, Sridhar Ramaswamy came on our show and broke the story of that much better than expected quarter, and I say you just hold onto this. There's going to be ups and downs. Maybe it takes a little fluff out of it, but Sridhar is good for it, and I think that could be a great long-term position. I like the stock of Snowflake.' Photo by Yiorgos Ntrahas on Unsplash Snowflake Inc. (NYSE:SNOW) provides a cloud platform that helps organizations bring all their data together, analyze it, build applications, and share insights easily. The company uses AI to help solve real business problems. In a June episode, when a caller inquired about the stock, Cramer responded: 'Oh, Snowflake…. I mean, it is just, you know, I was thinking about this, but Ramaswamy first comes in, not sure, then he takes off, and why? Because the guy is cerebral, and he's got a real good closing sense. And man, does he ever have momentum? He is project momentum.' While we acknowledge the potential of SNOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-07-2025
- Business
- Yahoo
Snowflake (SNOW) Partners With Bloomreach to Power AI-Driven Personalization
Snowflake Inc. (NYSE:SNOW) is one of the . On July 22, Bloomreach, the agentic platform for personalization, announced that it has entered into a new partnership with the Snowflake AI Data Cloud. The partnership will connect customer data stored in Snowflake with Bloomreach's AI-powered marketing solutions so that businesses can leverage customer engagement with maximum personalization. Together, the two companies will help bridge the gap between data infrastructure and marketing innovation. 'It's not enough for marketers to just understand their customers — they need to put that understanding into action, too. This partnership ensures they can activate their Snowflake data instantly and intelligently through Bloomreach, fueling personalized experiences that drive measurable business growth.' -Meera Murthy, General Manager and Vice President of Product, Bloomreach Engagement. Snowflake Inc. (NYSE:SNOW) is a cloud-based data storage company providing a data analysis, storage, and sharing platform. While we acknowledge the potential of SNOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
UBS Reaffirms Buy on Snowflake (SNOW) Amid Strong Data Infrastructure Investment Trends
Snowflake Inc. (NYSE:SNOW) ranks among the . On June 12, UBS reaffirmed its Buy rating on Snowflake Inc. (NYSE:SNOW) with a $265 price target. The rating affirmation comes after UBS analysts attended the Databricks conference in San Francisco, where they spoke with 15 clients and partners and took part in the Investor Day. The firm pointed out that although Snowflake Inc. (NYSE:SNOW) and Databricks are directly competitive, the conference did not spark new concerns about Snowflake's place in the market. According to the firm's perspective, industry-wide investments in the data layer remain strong. Despite their rivalry, both companies stand to gain from this continuing investment trend. According to UBS, the overall mood during the Databricks conference was in favor of the idea that significant investments in data infrastructure would act as a tailwind for Snowflake Inc. (NYSE:SNOW). Snowflake Inc. (NYSE:SNOW) is an American cloud-based data storage company that operates a platform built on Amazon Web Services, Microsoft Azure, and Google Cloud. It also provides Snowflake Cortex with a set of AI capabilities that employ large language models to analyze unstructured data. While we acknowledge the potential of SNOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Sign in to access your portfolio
Yahoo
11-07-2025
- Business
- Yahoo
Snowflake (SNOW) Reaffirmed Buy on Data Tools Momentum
Snowflake Inc. (NYSE:SNOW) ranks among the . Stifel kept its buy rating and $220 price target on Snowflake Inc. (NYSE:SNOW) following meetings with the company's investor relations team. Snowflake's momentum with current data engineering and science tools, such as Snowpark and Dynamic Tables, was the primary subject of the meetings. Additionally, the company talked about its approach to more recent offerings, such as Openflow and Crunchy Data. Management stated that they do not anticipate any significant revenue contribution from these offerings in their current outlook, which Stifel described as 'duly conservative.' According to Stifel, the discussions strengthened their opinion that stabilization within Snowflake's core SQL business should be substantially complemented by current data engineering services. With new products and closer ties with Azure, the firm sees more opportunities for growth. Snowflake Inc. (NYSE:SNOW) is an American cloud-based data storage company that operates a platform built on Amazon Web Services, Microsoft Azure, and Google Cloud. It also provides Snowflake Cortex with a set of AI capabilities that employ large language models to analyze unstructured data. While we acknowledge the potential of SNOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
