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One Big Danger for Snowflake Investors


Author Bio
Taylor Carmichael is a former attorney and filmmaker. He s the author of a line of murder mysteries, including Whodidit in the Supreme Court? and Whodidit With a Senator? The majority of what he knows about stocks he learned right here at the Motley Fool.
While
Snowflake (NYSE:SNOW) is an exciting company with a great future, the stock might have the wrong kind of excitement over the next several months. This stock scares me for two reasons.
One, the valuation is insane. Snowflake is priced at 200 times revenues. That s way higher than 
Datadog (NASDAQ:DDOG). Snowflake has a $100 billion market cap, and it hasn t even made $1 billion in revenues yet. This valuation means there s a lot of room to fall just on the basis of multiple contraction. ....

While Snowflake , போது ஸ்னோஃப்ளேக் ,