|Bid||141.01 x 800|
|Ask||141.47 x 800|
|Day's range||135.31 - 142.29|
|52-week range||110.26 - 246.52|
|Beta (5Y monthly)||0.75|
|PE ratio (TTM)||N/A|
|Earnings date||23 May 2023 - 29 May 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||180.77|
Warren Buffett has a knack for picking great stocks. Under his leadership, Berkshire Hathaway has built an investment portfolio worth over $308 billion, and many stocks in that portfolio have at least doubled in value, including Apple, American Express, and Coca-Cola. Berkshire invested $735 million in Snowflake (NYSE: SNOW) at its IPO price of $120 per share in September 2020.
The technology sector is suffering from its worst stretch of stock market performance since the global financial crisis in 2008. The Nasdaq-100 index plunged 33% last year, and while it has bounced by 12% in the early innings of 2023, investors have continued to face immense volatility. For investors with both short-term and long-term horizons, there are growing opportunities in the cloud computing sector as the widespread adoption of those technologies by businesses continues.
Growth investors have no shortage of risk factors to mull over these days. In simple terms, the broader macro backdrop has been a mess recently, and it's not clear when exactly these challenges will dissipate. On the other hand, it's also probably fair to say that these challenges won't last forever, and fortune has generally favored investors who are willing to make bold bets on bullish trends shaping performance for individual stocks and the market at large.