Warren Buffett BUYS Snowflake IPO! | SNOW Stock Analysis

few minutes ago a new video entitled Warren Buffett BUYS Snowflake IPO! | SNOW Stock Analysis was published in the channel: MR. ZERO to INFINITY

As informed in the youtube description by MR. ZERO to INFINITY: What’s Up, Everybody! MR. ZERO to INFINITY says Hello for Episode 61! Warren Buffett BUYS Snowflake IPO! | Snowflake Stock Analysis | Add on Instagram: MrZEROtoINFINITY\n\n❓Do you have a question or a business inquiry? \n📈🚀😎Email: [email protected]\n\nIs Snowflake Stock a BUY after the IPO? | High Growth Stock Warren Buffett’s Berkshire Hathaway BUYS Snowflake IPO!\n\nOne of the most anticipated IPO’s is coming! The company name is Snowflake Inc. which is a data warehouse with analytics overlays built for the cloud. The name Snowflake was selected because Snowflakes are born in the cloud! \n\nI expect the upcoming Snowflake IPO to be in high demand mainly because Snowflake is being considered as a high growth stock since the company’s revenues and gross profits have risen steadily for the last eight quarters based on the prospectus. Warren Buffett and Berkshire Hathaway buy Snowflake IPO. Its service has rapidly gained popularity, landing partnerships with hundreds of big-name companies like Capital One, Sony, and Square. Snowflake had over 121% year over year revenue growth (high growth stock). \n\nSo first things first, when is the Snowflake IPO date? At the time of this recording, we are still waiting on an announcement. The standard procedure for an IPO is for a company to take a few weeks to conduct an investor roadshow before announcing the official IPO date. \n\nWhen the IPO date is set, Snowflake stock will trade as SNOW. My guess is that the IPO will be coming in the next few weeks. Make sure to comment below if you have any updated information about the IPO date. \n\nSo what does Snowflake do?\nSnowflake is pioneering the Data Cloud. \nSnowflake is a platform that consolidates data into a single source to drive meaningful business insights, build data-driven applications, and share data. \n\n3 major players:\n\n* Amazon – AWS – Redshift\n* Microsoft – Azure Synapse Analytics\n* Google Cloud – Big Query\n\nSnowflake’s CEO is Frank Slootman and he has a ton of experience in the enterprise software industry. Frank was the CEO of ServiceNow from 2011 to 2017 which he took ServiceNow a company that generated around $75M in revenue, through an IPO, to $1.5B. \n\nBuy?\nSo let’s discuss if I’ll be buying Snowflake stock after it IPOs and make sure to let me know if you’ll be buying or monitoring Snowflake and why it’s on your research board. \n\nThere are quite a few trends that I’m seeing right now!\n\nI believe adoption of the Cloud is accelerating all around the world and we are heading towards a Digital Economy. Snowflake is a key player looking to gain more and more market share as data consumption and storage continue to trend bigger and bigger.\n\nNow, when it comes to Snowflake’s valuation, I know that Snowflake was valued at 12.4B back in February 2020 which was the last time it raised capital.\n\nI’ve seen guesstimates of $20-$30B market valuations when Snowflake IPO’s and hits the stock market.\n\nFor me, I know Snowflake is a company that is focusing on growth for years to come – which is the Amazon Business Model. Focus on Growth over profits to dominate market share. The big question is how much growth do I want to pay for when Snowflake IPO’s?\n\nWarren Buffett is buying Snowflake IPO!\n\nLet’s pull up my portfolio now. The portfolio is a little over $12,600 at the time I took this screenshot. If you watched my last episode, you’ll notice I added some cash and bought 2 more shares of Fiverr stock and 1 share of Square stock. \n\nThanks again for watching!\n\nLet’s keep building from ZERO to INFINITY! 🚀📈\n\n“You GOT THIS!” ☝😎👍\n\nDISCLAIMER: This video is for entertainment purposes only. I am NOT a financial advisor and anything discussed on this Youtube Channel should NOT be viewed as investment advice. All ideas and opinions presented in this episode are mine and mine alone. You should never take any of this information as guidance for buying or selling any type of investment or security. Always do your own research prior to making any investments. Do not assume any facts and numbers in this video are accurate. Read the disclaimer in the video fully. \n\nAFFILIATE DISCLOSURE: Some of the links and other products that appear on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Some of the offers mentioned may no longer be available. Thanks for supporting the channel!\n\n🎵 Music Info:\n\nMusic: Far Away – MK2 https://youtu.be/Krw642HTCgw\n––––––––––––––––––––––––––––––\nBeach by MBB https://soundcloud.com/mbbofficial\nCreative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0\nFree Download / Stream: https://bit.ly/Beach-MBB\nMusic promoted by Audio Library https://youtu.be/CPy2TLPbpVY

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