Snowflake Stock's Bullish Tailwind Now a Powerful Force Hosted by MarketBeat StaffDecember 14, 2023 ShareLink copied to clipboard. Play video for Snowflake Stock's Bullish Tailwind Now a Powerful ForceDetailsGuestsThe headwinds that drove Snowflake NYSE: SNOW shares to their 2022 lows began to recede early this year. Persistent outperformance and solid guidance supported by better-than-expected business spending were enough to get the analysts to stop lowering their targets. As the year progressed, the trends led analysts to begin raising their targets, and that trend is gaining momentum now. Snowflake continues to outperform its expectations and give solid guidance, spurring the analysts to raise their targets and lead the market higher.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioSNOWSnowflake4.5831 of 5 stars$170.89+1.9%N/A-50.41 Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by MarketBeat StaffDecember 14, 2023 ShareLink copied to clipboard. Play video for Snowflake Stock's Bullish Tailwind Now a Powerful ForceDetailsGuestsThe headwinds that drove Snowflake NYSE: SNOW shares to their 2022 lows began to recede early this year. Persistent outperformance and solid guidance supported by better-than-expected business spending were enough to get the analysts to stop lowering their targets. As the year progressed, the trends led analysts to begin raising their targets, and that trend is gaining momentum now. Snowflake continues to outperform its expectations and give solid guidance, spurring the analysts to raise their targets and lead the market higher.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioSNOWSnowflake4.5831 of 5 stars$170.89+1.9%N/A-50.41 Add This Stock to My Watchlist Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatCollect $7k per month from Tesla’s SECRET dividendTesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...Investors Alley | Sponsored7 Best Growth Stocks for the Next 10 YearsIf you're somewhat new to investing, the term “growth stocks" may be confusing. After all, don't you wan...MarketBeatTrump’s Sending THIS Crypto Higher on PurposeDiscover the coin set to explode in 2025! Trump could trigger THIS crypto coin… Crypto 101 Media | Sponsored7 Stocks to Ride the Autonomous Driving BoomThe global autonomous vehicle (AV) market is growing. According to the Autonomous Vehicle Industry Association...MarketBeat$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | Sponsored7 Best REITs to Buy as the Interest Rates FallEvery investor knows that certainty is hard to find. But it's relatively easy to find opportunities where mone...MarketBeat
