Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi again, SNOW is still tanking, down 12% (for me 20%) and very little momentum. Does MM still like it? I'm thinking of switching to NOW, which I think will a beneficiary of the AI theme. It doesn't appear to be on your hitlist, wondering if you have any analysis on NOW?
Hi Nick,
We don’t like the momentum in SNOW – which we covered recently here. ServiceNow (NOW US) is a very different business to SNOW, it essentially helps corporates integrate and connect different software solutions to improve workflows and will be an AI beneficiary. It’s an interesting stock, not one we’ve looked at the past, but it’s not the big, deep data business that Snowflake is.
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