13 Best Up and Coming Stocks to Invest In Now

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1. Snowflake Inc. (NYSE:SNOW)

Number of Hedge Fund Holders: 94

Snowflake Inc. (NYSE:SNOW) is one of the best up and coming stocks to invest in now. On June 26, Domo Inc. (NASDAQ:DOMO) announced a deepened collaboration with Snowflake. The expanded partnership introduces a suite of Domo’s product offerings on Snowflake Marketplace, which enables joint customers to seamlessly integrate, transform, and analyze their data within a secure and scalable environment powered by advanced AI.

Domo’s new managed offering, called “Powered by Snowflake,” allows Domo to provide a fully managed analytics and Business Intelligence/BI solution where Domo maintains and operates the Snowflake environment. Domo’s cloud-native portfolio is designed to accelerate the entire data lifecycle, all directly within the Snowflake AI Data Cloud. These solutions are now available on Snowflake Marketplace as both a Connected App and a Managed App.

Hundreds of organizations are already benefiting from the Domo and Snowflake partnership. These customers are using the combined solutions to break down data silos, scale governed analytics, and embed AI to foster innovation, improve agility, and drive faster business outcomes.

Snowflake Inc. (NYSE:SNOW) provides a cloud-based data platform for various organizations in the US and internationally. Domo Inc. (NASDAQ:DOMO) operates a cloud-based modern AI and data products platform in North America, Western Europe, Australia, Japan, and India.

While we acknowledge the potential of SNOW to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNOW and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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