SNOW or IBM? Which one would buy with the same amount of money?
SNOW is the new darling, GS just upgraded as a top 10 software stock for 2021. IBM just reported earnings it got killed AGAIN!
For the same price (valuation) though, if I am in a cave by choice for 3 years and forced to make a decision, I would park my money at IBM as it still a cash machine. Narrative or not.
SNOW a great new startup with a great CEO, but as a 100 bil dollar startup it has a lot of catch-ups to do. Technically it tells you so, despite it's a hot name on Twitter or WallStreetBets and on the esteemed real Wall Street.
The trend is chopping and drafting lower I think.
For the same price (valuation) though, if I am in a cave by choice for 3 years and forced to make a decision, I would park my money at IBM as it still a cash machine. Narrative or not.
SNOW a great new startup with a great CEO, but as a 100 bil dollar startup it has a lot of catch-ups to do. Technically it tells you so, despite it's a hot name on Twitter or WallStreetBets and on the esteemed real Wall Street.
The trend is chopping and drafting lower I think.
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