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How Much Is Snowflake Stock Really Worth?

Motley Fool - Thu Oct 31, 7:00AM CDT

Snowflake(NYSE: SNOW) is not benefiting from the rising demand for artificial intelligence as much as expectations suggested it would.

*Stock prices used were the afternoon prices of Oct. 28, 2024. The video was published on Oct. 30, 2024.

Should you invest $1,000 in Snowflake right now?

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The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Snowflake wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $865,595!*

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*Stock Advisor returns as of October 28, 2024

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Snowflake. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.