15 Stocks on Jim Cramer’s Radar

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12. Snowflake Inc. (NYSE:SNOW)

Number of Hedge Fund Holders: 85

While Cramer noted that he would have to “wait and see” a few companies’ performance, he mentioned that Snowflake Inc. (NYSE:SNOW) was not one of them.

“Now that’s not how I feel about Snowflake, though. The data storage and analytics company with a business that is on fire. Last quarter was terrific. I think this one will be too.”

Snowflake (NYSE:SNOW) provides a cloud data platform that helps organizations organize their data, build applications, and solve business problems using AI. Artisan Partners stated the following regarding Snowflake Inc. (NYSE:SNOW) in its Q1 2025 investor letter:

“During the quarter, we initiated new GardenSM positions in Baker Hughes, Snowflake Inc. (NYSE:SNOW) and Viking. Snowflake is a leading cloud data warehouse and analytics platform, benefiting from the ongoing shift away from on-premise infrastructure. Its cloud-native architecture enables greater scalability, faster performance and improved efficiency for businesses managing large data sets. We see upside as a new management team refines the company’s sales and marketing strategy, aligning it with the growing demand for tools that help organizations organize and analyze data. While competition bears watching, we believe Snowflake is well positioned to help its customers structure data to take advantage of increasingly powerful AI models.”

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