Snowflake Inc. (SNOW)’s Shares Higher After Jim Cramer Said It Was A Buy

We recently published Jim Cramer’s Biggest Winners to Buy: Top 20 AI & Other Stocks He Got Right in 2026. Snowflake Inc. (NYSE:SNOW) is one of the stocks discussed by Jim Cramer.

Data warehousing firm Snowflake Inc. (NYSE:SNOW)’s shares are up by 17.5% over the past year and by 20% year-to-date. Since Cramer’s remarks, they are up by 15.9% with the most notable period coming between May 27th and June 1st, when the stock gained 59.8%. The stock surged by 36% on Thursday after Snowflake Inc. (NYSE:SNOW) guided $1.415 billion to $1.420 billion in fiscal second-quarter product revenue, which was higher than the $1.37 billion that analysts had penciled in. Additionally, it also announced a partnership with Amazon and beat analyst estimates for fiscal first quarter earnings and revenue. The results fell in line with Cramer’s remarks on Mad Money, where he had discussed Snowflake Inc. (NYSE:SNOW) after its previous earnings release:

Snowflake Inc. (SNOW)’s Shares Higher After Jim Cramer Said It Was A Buy

Image by drobotdean on Freepik

“I have to tell you, I thought the quarter wasn’t that bad… I was quite surprised about the negative reaction. You know it is a highly valued company, but I think Sridhar Ramaswamy is a terrific CEO, and I think the stock is, quite frankly, a buy.”

While we acknowledge the risk and potential of SNOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SNOW and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

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