Adding SNOW @ $126

SNOW beat earnings but revised guidance down. That led shares down 12.5% after-hours. In my opinion, the revised guidance is due to macro conditions more than the quality of SNOW as a company. Since SNOW has continually traded at high valuations, I like picking up SNOW here near its 52-week low.

Note, this is not a deep-dive blog. For information on SNOW, I recommend Julian Lin's 10-26-22 article on SNOW and Michael Wiggens de Oliviera's 10-11-22 article on SNOW (both on SeekingAlpha).

Buying 9 shares of SNOW @ $126 = $1,134.

SNOW is a risky stock like CRWD. But I like the growth potential enough to take on those risks.

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GOOGL rose 6.08% today. CRWD closed at $117.67.

I plan to add a blue chip stock/s next unless a tremendous growth-stock opportunity presents itself. Some stocks I'm considering are CB, MA, WM, and TRTN.

For those wanting more information on CRWD's earnings, Brian Feroldi's posted a YouTube video today on CRWD's earnings.

This website is created and authored by Marlin Sandlin and is published and provided for informational and entertainment purposes only and merely cites my own personal opinions.  I am not a financial advisor, and this website is not intended to constitute investment advice or provide specific advice or recommendations for any individual or on any specific security or investment product.  Any action you take upon the information you find on this website is strictly at your own risk.  This website may share links to articles and information which is interesting to me, but it is in no way an endorsement by me or by anyone associated with me.  The views reflected in the commentary are subject to change at any time without notice.   I may or may not hold investments in the companies or securities discussed on this website.


Marlin Sandlin owns shares of Crowdstrike (CRWD), Snowflake (SNOW), Alphabet Inc. (GOOGL), Mastercard (MA), Waste Management, Inc. (WM), and Triton International Limited (TRTN).

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