Is Snowflake Inc. (SNOW) Among the Best Growth Stocks to Buy According to Billionaires?

The banal marketplace has been connected a rollercoaster thrust for the past fewer weeks arsenic the sentiment has rapidly shifted from post-election bullishness to being priced successful for a slow-down oregon a recession. The volatility tin beryllium estimated by the 19% alteration successful the S&P 500 from its caller all-time high. To speech astir the existent marketplace volatility and the mode forward, Fundstrat’s Tom Lee joined CNBC for an interview. He noted that the marketplace is presently pessimistic arsenic caller information shows that they person priced successful a 60% probability of a recession, however, it is indispensable to enactment that if the tariff concern de-escalates past the probability of a recession isn’t that high. As a result, Lee thinks that determination is simply a large model of accidental for stocks to rebound, however, this rebound is contingent connected the way of tariff de-escalation.

While addressing the concerns that if the marketplace is successful a carnivore market, Lee noted that if we specify a carnivore marketplace by stocks grinding and losing money, past this has been happening since December 2024. However, if you specify a carnivore marketplace arsenic unleashing a benignant of fiscal tightening that leads to a recession, the existent marketplace does not acceptable that criteria. Lee acknowledged that it does consciousness similar a carnivore marketplace for an mean person.

Lee besides talked astir the viable capitalist strategy nether the existent circumstances. Firstly, helium highlighted that radical are warring 2 brains astatine the moment, 1 is simply a tactical brain, wherever radical privation to cognize if this is the bottommost and beryllium convinced by seeing the stocks rally connected atrocious news. On the different hand, determination is the capitalist oregon the semipermanent brain, which suggests that radical should person assurance successful the US companies to navigate this volatility. Lee noted that helium is simply a purchaser of this volatility arsenic helium thinks that the de-escalation of tariffs volition instrumentality place, which volition effect successful a large rebound for stocks.

To compile a database of the 10 champion maturation stocks to bargain according to billionaires, we utilized the Finviz banal screener, Seeking Alpha, and Insider Monkey’s Billionaire database. Using the screener we aggregated a database of maturation stocks that person grown their top-line by much than 30% implicit the past 3 years and sorted them by marketplace cap. Next, we cross-checked each stock’s income maturation from Seeking Alpha and ranked the stocks successful ascending bid of the fig of billionaire investors. Please enactment that we person besides included the hedge funds sentiment astir each stock, arsenic of Q4 2024.