In this [Is Snowflake A Good Stock To Buy Now? | Quick Take | Update 3/17/2024] video 
, the team at BeachBum Trading discusses the Snowflake technology and its current state in the market. Baloodog, a member of the community, has asked about Snowflake and its adoption.
The speaker shares their personal experience with Snowflake and its difficulty in use might be hindering its adoption. He believes that people may need assistance in integrating it into an overall AI strategy. They also mention their interest in discussing the AI architecture and companies involved, and welcome feedback from viewers.
The [Is Snowflake A Good Stock To Buy Now? | Quick Take | Update 3/17/2024] video then delves into Snowflakeโs financial performance, highlighting its losses and the recent resignation of its founder CEO. The team also suggests that Snowflake needs to find ways to make money, possibly through professional services or consulting.
The team emphasizes the importance of being cautious when considering Snowflake as an investment, as it has shown a pattern of initial hype and subsequent drops in stock value. They also mention other database technologies that may pose a risk to Snowflakeโs future success.
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CHAPTERS
00:00 โ SNOW
03:47 โ BeachBum Trading Sites
04:35 โ Discord Invite
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Please find and watch All of the videos wherein we briefly show you how we perform some of with our Due Diligence [DD] on some other individual Stocks / Symbols / Tickers, All for FREE, in our [Due Diligence] Playlist at https://www.youtube.com/playlist?list=PLH_4RiO370FM49UzlSB7YUiAozukKIO4A
TRADING TOOLS USED IN THIS VIDEO
ChartMill https://bit.ly/3By9g4X
FinViz https://bit.ly/3h7r8M3
Seeking Alpha https://seekingalpha.com
Webull โ Get FREE stocks with Webull https://bit.ly/3jKfvw5
REFERENCES
SNOW โ Snowflake Inc โ Home Page http://www.snowflake.com/
Profile of Snowflake Inc (SNOW) stock | ChartMill.com https://www.chartmill.com/stock/quote/SNOW?a=152324
SNOW Snowflake Inc Stock Quote https://finviz.com/quote.ashx?a=311864277&t=SNOW
Weekly Trading Game Plan Notes for 3/18 โ 3/22/24 โ Part 2 https://docs.google.com/document/d/11Gwxwu2JEmTvXXCzTmtitEJHY0eeWeya9mcKSM5ftZI/edit?usp=sharing
OUR FAVORITE TRADING PLATFORMS
Webull โ Get FREE stocks with Webull https://bit.ly/3jKfvw5
E*TRADE โ Use our link and we both get rewarded! https://bit.ly/3zP6rvB
Public Investing https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
#SNOW #snowflake #duediligence
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