|Bid||0.00 x 1100|
|Ask||0.00 x 900|
|Day's range||163.00 - 175.49|
|52-week range||110.26 - 329.49|
|Beta (5Y monthly)||0.72|
|PE ratio (TTM)||N/A|
|Earnings date||01 Mar 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||184.62|
For most of this week, Snowflake (NYSE: SNOW) was met with a relatively warm reception by investors. Although the data analytics company was hit with a 8%-plus sell-off on Friday, it still managed to eke out a 2.5% gain across the five trading days, according to data compiled by S&P Global Market Intelligence. Worries about the macroeconomy had been easing, while the Federal Reserve just pulled the trigger on the lowest of its recent string of interest rate hikes.
These stocks reversed yesterday's big gains after several cloud names reported lackluster results, and the jobs report showed the economy may be running hotter than expected.
A brutal bear market may have put some investors off stocks. The emotional pain of seeing one's assets lose considerable value was undoubtedly too much for some investors to bear. Knowing this, investors may want to consider taking advantage of discounted prices in stocks such as MercadoLibre (NASDAQ: MELI), Zscaler (NASDAQ: ZS), Snowflake (NYSE: SNOW), and Shopify (NYSE: SHOP).