FreeSNOW3 min read
The SNOW cohort data nobody cites
SNOW
Delayed
The thesis
Durable growth plus FCF margin is a profile the market still discounts.
The margin story is arriving faster than guidance implies as efficiency sticks.
What I'm watching
- SNOW NRR vs last quarter
- FCF margin trajectory
- A clean move through the level I flag below
Positioning
Long on SNOW, 6-36 months horizon. Conviction: High. Multiples are sentiment-sensitive here — defined risk only.
Opinion, not investment advice. The author may or may not hold positions discussed.
Opinion. The author may or may not hold positions discussed. Not advice. Not a financial promotion approved under FSMA s.21. Quote data is delayed. Past performance is not a reliable indicator of future results.
Comments
2 commentsWhat's the invalidation level you're using on SNOW?
Been waiting for someone to write this up properly. Thanks.