Snowflake Stock Analysis | Is It a Buy?

[@Nanalyze]

If you subscribe to our channel using the below link, our on-staff Romanian fortune teller will include your portfolio in her prayers this evening. 🔮 kzbin.info

[@MrMentalpuppy]

From removing the dislike button, rate limits, account verifications, scrapping prevention, changing privacy rules, sensors everywhere, seems like everyone has be preparing for data hoarding. Great video as always.

[@Nanalyze]

That's a great perspective. Hadn't put all the dots together in the context of data hoarding.

[@Nanalyze]

PUBLIC SERVICE ANNOUNCEMENT: Yes, we know that Karp turns water into wine, and that the Palantir platform cures cancer, but this isn't the forum for his disciples to talk about that. It's going to be extremely tough for some of you, but let's keep this conversation focused on Snowflake and what's being discussed in this video. Want to talk about all things Palantir? You might want to check out the 378 different Palantir-only KZbin channels out there, or the videos/articles we produced on the topic. This isn't one of them.

[@boratsmagadijev940]

Keep doing what you do, your doing great job!

[@Nanalyze]

@@boratsmagadijev940 Really appreciate the encouragement Borat!

[@zesvinster1]

According to Stephanie Link..its a buy...she is tripling down on buying more.

[@Nanalyze]

A wealth manager is buying a stock with conviction. Doesn't tell us too much.

[@joseplacencia54]

I love the videos. Even though I don't always agree with everything that is being presented, Nanalyze provides some of the highest quality content on KZbin when it comes to investing in stocks/companies. If you backtest this method of not investing in companies with an "SVR" of over 20, wouldn't you have missed in some of the stocks with the highest returns? I feel like great companies with great future prospects will always trade at high valuations. I'm sure you have noticed this and it's something to take more into consideration. "SVR" does not take into account gross margins and even if it was modified to account for gross margins not all gross margin is created equal... valuing a company is a bit more complicated then just looking at P/S or SVR.

[@Nanalyze]

Those are some very kind words, thank you! Regarding missing out on companies with an SVR over 20 (we actually use three times our catalog average which is 6.3 right now). We track 100s of these values for tech stocks in our tech stock catalog. That's how we get an average. Right now there are very few companies with an SVR higher than 20. Some are around 40 or higher and notably hyped. We can also track this value over time and it tends to trend upward on hype, then revert to the mean. Back in the 2021 heydays it wasn't uncommon to see SVRs over 80 and we actually had our limit set at 40 then (that was an arbitrary cutoff that was too high frankly). Since then we've made it more objective and data-based. And you make a very good point on gross margins (we pay attention to those closely, but don't integrate into SVR because we always want to keep things very very simple). SVR is best used as a relative measure (peers and historical) for disruptive tech companies. Once a company matures, moving to P/E makes a lot more sense. Great comment, thank you! Joe P.

[@boratsmagadijev940]

How does Snowflake rank/compare against Salesforce and MongoDB. I know Salesforce uses Oracle database, and these two platforms seem like the future of what oracle/Salesforce should look like. Are MongoDB and Snowflake direct competitors? I mean...these platforms look like the future of SAAS+new DB system, which will be highly in demand in the future?

[@Nanalyze]

Here's our piece on MongDB (www.nanalyze.com/2022/08/mongodb-stock-metrics-needed/). We also did a video on Salesforce you've probably already seen.

[@darth.mingdom]

Isn’t SVR the same as P/S? Why call it something different?

[@Nanalyze]

Good question. It's because we use annualized revenues (from last available quarter) which makes the measurement much more responsive.

[@camilaoliveira1725]

Hi, and now what you think about Snowflake?

[@Nanalyze]

Fresh off the press: www.nanalyze.com/2024/08/snowflakes-slowing-revenue-growth/

[@ThaiCarnivore]

Great work as always. A definate buy for me when you send out the 🦇 single. Enjoy those Friday beer/🍺🍺🍺🍺🍺🍺

[@Nanalyze]

Be careful about parroting the trades of others. They won't always be there to tell you what to do next! You always sleep better at night knowing that you invested based on your own convictions. Appreciate the support as always!

[@sirus312]

While these might be great companies, nearly none of these tech companies are good stocks to buy. The constant over paying and overpaying and promise of a future will eventually give way. Or the worst case scenario happens. there is no crash, its a sideways death for 20-40 years and you wasted your whole life guessing about a crash or super rally.

[@Nanalyze]

Good comment. You're talking about growth vs value, a topic we covered recently (kzbin.info/www/bejne/laanXpanetGbo8k). Only 15% of our assets are in growth stocks. It also depends on age - how much risk you can take.

[@Longtack55]

Mkt Cap $55B, net income ($500M) no thanks. Maybe short term assets of $4B will save it.

[@Nanalyze]

Save it? Not sure what your point is here, but the presentation specifically talked about this. When companies are disrupting, the focus is on revenue growth which is a proxy for market share, not profitability.

[@Longtack55]

@@Nanalyze Thanks Nan. Cash burn was my puzzle. I'm unaccustomed to NASDAQ stocks when p.e ratios are 200 and stock prices are $180 etc. I'm seriously considering exiting all other markets as the U.S. investors are so confident and optimistic. A p.e of 200 would create a penny-stock price, and any negative p.e worse than -15.0 would need a lot of cash reserve. I appreciate your knowledge.

[@Nanalyze]

Appreciate your comments as well. U.S. is always overvalued it seems relative to foreign markets, something they have studied and attributed to things like liquidity. Digging into these companies sometimes gets really tricky because of the accounting. There's always something to learn, and we're constantly doing just that.

[@user-wk7qp6vc8p]

I appreciate the content, but the way how he speaks give me feeling of he is out of breath, really unpleasant to listen...

[@Nanalyze]

We'll pass this on to HR.

[@user-wk7qp6vc8p]

@@Nanalyze 😄

[@josephmolieri5439]

He could always just us AI voice generating tech or maybe YT can add an a feature that lets you convert the VO to one you find more pleasing.

[@Nanalyze]

@@josephmolieri5439 You can bet that's a feature YT will add soon enough along with complete language localization