We came across a bullish thesis on Snowflake Inc. on Disruptive analytics’s Substack by Magnus Ofstad. In this article, we will summarize the bulls’ thesis on SNOW. Snowflake Inc.’s share was trading at $238.66 as of August 29th. SNOW’s forward P/E was 208.33 according to Yahoo Finance.
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Snowflake (SNOW) delivered another solid quarter, reinforcing its turnaround that began in Q1. Product revenue rose 32% YoY in Q2, while its net revenue retention rate...
