Snowflake Stock Is Soaring -- But Is It Too Late to Jump In?
Snowflake (SNOW -1.50%) shares continued their recent upward momentum following a strong fiscal first-quarter earnings report and increased guidance from the company. The stock is now trading up about 32% on the year, as of this writing, and up nearly 57% since early April.Let's take a closer look at the company's most recent earnings results to see if its momentum can continue.Strong revenue growthFor those unfamiliar with Snowflake, it is a cloud-based data warehousing and analytics company. Customers use ...