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Barchart
Barchart
Sushree Mohanty

1 Magnificent AI Stock Under $200 With 63% Upside

Snowflake SNOW

Artificial intelligence (AI) is transforming all industries. The top tech titans are the market favorites; however, under-the-radar AI companies, such as Snowflake (SNOW), have quickly risen to become major players in cloud computing and data warehousing.

Snowflake just reported another strong quarter, with rising product revenue growth. Despite a Q2 report showing stabilizing business driven by AI demand, the stock fell 14.7% on Thursday due to management's "conservative guidance" for fiscal 2025.

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