If you’re looking for an Undervalued Stock in the AI rally:
$Snowflake(SNOW.US$ is the best option in an environment where every AI/chip related stocks are greatly overvalued. It’s the best opportunity to accumulate more.
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103890089 : thanks, but does it have the same or similar or better potential as compared to Nvidia?
CyborgJack : snowflake is rubbish. they IPO at $380 now worthless. don't waste your time
Deep Value Kitty OP 103890089 : It won’t come close. It’s just undervalued with more potential upside than downside. I’m not talking about “getting Nvidia 3 years ago” type of potential here.
Point is, by now Nvidia’s valuation is over the roof and Snowflake can be a good option, bigger bang for your buck.
MomentumPython1337 : i don't think it's correct to say snowflake is undervalued have you seen its sky high PS and other financial ratios it's all hinging on the fact that there will be accelerating revenue growth the moment revenue growth slows down by a little bit the stock will crash hard like it did the crash is good for me because i want to buy but even at this price it's expensive make no mistake
zyanlau : Stating Snow is undervalued is nuts, it's still losing money. But does it has a great potential? Yes. Whether is a fair price to enter is really up to one's risk appetite, it's definitely not for everyone