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Snowflake Stock Plunged After Earnings. Why Investors Should Buy Anyway.

Snowflake Stock Plunged After Earnings. Why Investors Should Buy Anyway.

Hence, investors may want to treat it as an opportunity to add shares in the software-as-a service (SaaS) stock. However, Snowflake's data cloud is arguably best suited for storing and applying data, and with the rising dependence on AI, this SaaS product has become more critical.