9 Best Predictive Analytics Stocks to Buy Right Now

4. Snowflake Inc. (NYSE:SNOW)

Number of Hedge Fund Holders: 100

Snowflake Inc. (NYSE:SNOW) ranks among the best predictive analytics stocks to buy right now. On August 28, Piper Sandler maintained its Overweight rating on Snowflake Inc. (NYSE:SNOW) and raised its price target from $215 to $285. The firm reported faster product growth, up 31.5% year-over-year from 26.2% in the prior period, with Snowflake now reaching a $4 billion-plus run rate.

Piper Sandler reported that Snowflake Inc. (NYSE:SNOW) CEO Sridhar Ramaswamy has implemented a “founder mode always-on approach” that has improved accountability and accelerated transformation across marketing, operations, and research and development divisions.

Snowflake’s 22% year-to-date increase in sales and marketing workforce indicates even greater growth goals for the company.

Snowflake Inc. (NYSE:SNOW) is an American cloud-based data storage company that provides a platform for data analysis and simultaneous access to large datasets with low latency. The platform is based on AWS, Microsoft Azure, and Google Cloud Platform. Snowflake Inc.’s (NYSE:SNOW) predictive analytics features uncover patterns in data from diagnostic and descriptive analytics, enabling predictive data modeling of future trends.