Shares of cloud-based data company Snowflake (NYSE: SNOW) were down 10.9% in November, according to data provided by S&P Global Market Intelligence. On Nov. 30, it reported financial results for the third quarter of its fiscal 2023.
Snowflake Inc. (SNOW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is known for its long track record of market-beating returns. Historically, Buffett has favored reliable blue chip stocks in industries like financials, consumer goods, healthcare, and energy, and he tends to avoid unprofitable, high-growth stocks that investors typically think of as having the potential to go "parabolic." Buffett added to his stake in RH (NYSE: RH), the high-end home furnishings company formerly known as Restoration Hardware, in the third quarter, buying 190,000 shares of RH.