Growth At an Unreasonable Price

Growth stocks are trading at high multiples relative to their underlying businesses.
Investors aren’t stupid. They’re paying up for a good reason. These businesses are crushing it. A handful are growing more than 100% year-over-year. If you want to see the inverse of crushing it, check out Blue Apron. Anyway, among the giant winners of 2020, one stock stands out among all the others.
Enter, Snowflake.
This com…

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