
Snowflake competes with Amazon's AWS, Microsoft's Azure, and Alphabet's Google Cloud, but Snowflake has a major competitive edge: neutrality. Snowflake is a data warehouse provider - meaning that when enterprises collect data from their business operations and want to store it for usage at a later time, they can go to Snowflake to store it. Jamie Louko (Snowflake): Finding disruptive companies that could provide immense returns over the next 10 years can be difficult, but Snowflake - a company that has been capitalizing on the enterprise's shift to the cloud for data storage - could be the one. That would reflect an upside of more than 40%, considering NVDA's March 17 price at $246.55.Image source: Getty Images. Based on the latest ratings provided by analysts over the last three months, Nvidia is a strong buy and its median price target is $352. The Wall Street consensus is super-bullish on Nvidia stock. On March 21-24, the company will also host its GTC Conference, which is an event dedicated to the developers community.Īt the GTC Conference, Nvidia will have the opportunity to explore and share its artificial intelligence (AI) initiatives through its Nvidia Omniverse platform, where developers, designers, and other professionals can connect in a virtual space to share tools and create projects together. Rakers thinks the day's events could lead analysts to forecast earnings per share of between $9 and $10 by 2024.



Wells Fargo analyst Aaron Rakers - who recently added Nvidia to his "signature pick" list - believes that the company will expand its software-only offering, upgrade the longevity of the GeForce Gaming GPU, and also expand its auto pipeline.
