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Is Snowflake Stock a Buy Now?

TheMotleyFool

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Shares of Snowflake (NYSE: SNOW) have taken off impressively in the past month amid the broader recovery in tech stocks, with gains of 29% as of this writing. It looks like the data-cloud platform provider's growth is here to stay following its latest quarterly report, which sent its shares soaring.

Snowflake released its fiscal 2026 first-quarter results (for the three months ended April 30) on May 21. Earnings shot up remarkably from the year-ago period, and better-than-expected guidance added to the stock's positive momentum in the past month.

The stock jumped more than 13% following the release of its results. Does this mean it is too late for investors looking to buy this growth stock? Let's find out.

Source Fool.com

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