Is Snowflake Stock a Buy Now?

Shares of Snowflake (NYSE: SNOW) have taken off impressively in the past month amid the broader recovery in tech stocks, with gains of 29% as of this writing. It looks like the data-cloud platform provider's growth is here to stay following its latest quarterly report, which sent its shares soaring.Snowflake released its fiscal 2026 first-quarter results (for the three months ended April 30) on May 21. Earnings shot up remarkably from the year-ago period, and better-than-expected guidance added to the stock's positive momentum in the past month.The stock jumped more than 13% following the release of its results. Does this mean it is too late for investors looking to buy this growth stock? Let's find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool