NYSE:SNOW
Snowflake (SNOW)
335.50
+12.52 (3.88%)
as of Sep 16, 2026, 6:43:15 pm Market Open.
150 watching
Financials 
Technical Analysis 0
BUY
Options trading Today it's sort of near its all-time highs. Today, 3,000 December $350 calls were purchased at $2.30-3.00. He loves this trade. This stock has the potential to break above $350 by week's end. He bought calls.
Pete NajarianOwned
Technology
DON'T BUY
Why cloud computing stocks have sunk lately. In Q4, 2018, then interest rates suddenly rose, cloud stocks sank 35.5% , which was a great buying opportunity. If you bought then, those names doubled or more. Not all recovered, so buying the dip had to be selective. Unlike 2018, we have real inflation. So, a 35% decline may be the full decline of cloud stocks--but he isn't convinced, and there could be more pain. 18 of 50 cloud stocks have single-digit price-sales valuations--reasonable. Buy these that have fallen enough: Salesforce, VMware and New Relic. Trading at 8-15x sales include Coupa, Otka, Adobe. However, at 20-30x sales include Hubspot and Crowstrike, which are still too high. 30-40x sales: MongoDB and Unity, for example, also way too high. Trading above 30x sales include Snowflake and Cloudflare, also way too high, though he likes names like Snowflake. Likely, there's more downside to come before we reach the Santa Claus Rally.
Technology
BUY
Tim Collins, a technical analysts, is bullish cloud stocks After a rough spring, it's climbed since tech bottomed in mid-May, SNOW has shown a pattern of higher highs and higher lows--a healthy rally. Buy at $310 and sell at $355. However, Collins notes the rare "parabolic stop and reverse" indicator; a PSAR stock will spike, pull back, then give a bullish reading to resume its rally. SNOW has done this nearly once a month. Collins predicts SNOW passing $400 based on this pattern, unless the Nasdaq collapses. Buy and hold, says Collins. But if SNOW breaks its floor of $310, don't buy.
Technology
BUY
A compelling growth story, the fastest in the market, but these growth stocks turn toxic when investors worry about inflation because these stocks about future earnings. This stock has been clobbered for months until recently when it rallied 27%. Today, they reported strong sales numbers up 110% YOY and offered solid guidance. Okay, maybe their report wasn't a blowout, so shares sold off a bit. At some point, these cloud stocks will come back into fashion and SNOW will lead.
Technology
BUY ON WEAKNESS
2020 IPOs cost way too much, and now are worth buying. They are out of style and cheaper. With a triple-digit growth rate, it started trading last September at 100x sales. He got more comfortable with its valuation by Decemeber when recommended buying this at $300. Now, SNOW stock is at $229, down 25% below its opening-day trade. The fall is partially due to the recent stock rotation, but also there is no more lock-up on insider selling. Wait till this falls to just 50x sales or $190.
Technology
RISKY
A higher risk in tech, but growing quickly in cloud computing. Their last quarter was amazing. Lower-risk choices are Salesforce, Adobe, Service Now and MSFT.
Technology
PARTIAL BUY
Snowflake is a wonderful data warehouse play, the 3rd-largest IPO of 2020. They've had two lock-ups end---Dec. 15 and Jan. 7--which increased the overall float by 35% and nearly 50% respectively. But the big one comes in late March when a ton of shares flood the street--and this is a huge overhang. He likes SNOW. Buy a bit now, but then wait for the next expiration.
Technology
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