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Snowflake: Why Jim Cramer Thinks Every Fortune 500 Company Will Be a Customer

Thestreet2021-08-27

Cloud software company Snowflake (SNOW) reported a second-quarter loss of 64 cents a share onrevenue of $272.2 million, up 104% from a year earlier.

Snowflake CEO Frank Slootman told Jim Cramer on "Mad Money" that Snowflake doesn't create demand for its products, it enables it. A lot more is possible with Snowflake when technology no longer holds companies back, Slootman said.

Cramer told Action Alerts PLUS senior analyst Jeff Marks that Snowflake's 'pay as you go' use model will make it so every customer in the Fortune 500 is a customer.

"[Snowflake] is the way of the future, right now," Cramer said.

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评论19

  • k1wong
    ·2021-08-27
    Huh?
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  • e13v3n
    ·2021-08-27
    tradg against cramer
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  • Geraldho81
    ·2021-08-27
    Isn't there already AWS? How is snowflake really different?? 
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  • LeongSS
    ·2021-08-27
    Sure ?
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  • ngiamxinghao
    ·2021-08-27
    Mom nñ. .l. 
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  • 449ff09a
    ·2021-08-27
    Talk big
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    收起
    • 449ff09a
      Yayayay
      2021-08-27
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  • 449ff09a
    ·2021-08-27
    Theoretical assumption. Talk big 
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  • FatKid
    ·2021-08-27
    Really?
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  • nelson21
    ·2021-08-27
    Pls like and comment
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    收起
    • 2296c438
      Sure
      2021-08-27
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  • MuppyKoh
    ·2021-08-27
    Please like
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    收起
    • Leongny
      Done
      2021-08-27
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  • 小白添祥
    ·2021-08-27
    like & comment, thank you very much 
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    收起
    • nelson21
      Pls like and comment
      2021-08-27
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    • jijimo
      Ok
      2021-08-27
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  • Cindypoonyw
    ·2021-08-27
    Niceeee
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    • DChia
      Ok
      2021-08-27
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    • 小白添祥
      like & comment, thank you very much
      2021-08-27
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  • gupzbajaj
    ·2021-08-27
    Like pls
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    收起
    • 小白添祥
      like & comment, thank you very much
      2021-08-27
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    • Joshberry
      done
      2021-08-27
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  • BlueHi5
    ·2021-08-27
    Comment
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    • 2296c438
      Sure
      2021-08-27
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    • 小白添祥
      like & comment, thank you very much
      2021-08-27
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    • Joshberry
      done
      2021-08-27
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  • tyng8825
    ·2021-08-27
    Good
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  • Disney168
    ·2021-08-27
    Like pls
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    收起
    • BlueHi5
      Done
      2021-08-27
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  • dho
    ·2021-08-27
    So? 
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  • 2abbfa10
    ·2021-08-27
    Saying that is like saying every person is a potential customer of oxygen tank because the manufacturer enables them to breath... [呆住] [呆住] [呆住] 
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    • NatYong
      [保佑]
      2021-08-27
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    • Chinleong
      Yes
      2021-08-27
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  • Kennyoscar
    ·2021-08-27
    Nice
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    收起
    • Cindypoonyw
      Ok
      2021-08-27
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    • YIPKF
      Good
      2021-08-27
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