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In this video, I talk about whether you should invest in the Snowflake IPO or not after seeing a 10% pullback today! I go over the financials, valuation and compare with other rich high flying stocks like Zoom to determine whether the current price/valuation makes sense or not. Watch this to understand when is the best time to get into an IPO stock and use that understanding to decide whether to buy SNOW Stock tomorrow or not.

Popular IPO stocks always tend to shoot up right on the day they start trading on the Nasdaq. If you chase on FOMO, you'll end up with a much higher average price that you would if you wait for it to cool down and then buy closer to the IPO price.

Make sure you understand and believe in this company before putting money into it and know that if you want to hold it for 3-5+ years, then the stock price will definitely be a lot higher than now anyway.

I also have an exciting announcement about starting a Discord group! Link coming soon!

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#SNOW #IPO #StockMarket