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Stock impact report

Forget Snowflake: 3 Hypergrowth Stocks I'd Rather Buy [The Motley Fool]

Teladoc Health, Inc. (TDOC) 
Last teladoc health, inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.teladoc.com/investors/default.aspx
Company Research Source: The Motley Fool
This has been arecord-breaking year on Wall Street 00CBOE Volatility IndexBut 00's records aren't done being broken just yet.Image source: Getty Images.This Snowflake is red-hotThis past Wednesday, Sept. 6, cloud data giant(NYSE:SNOWSnowflake was widely believed to be themost-anticipated initial public offering (IPO) of the yearWhy such insane demand? For one, Snowflake hadsalesforce.comBerkshire HathawayNYSE:BRK.ANYSE:BRK.Bisn't behind this investmentSnowflake is also what we'd calla hypergrowth companyBut at more than 0 times annual recurring revenue (ARR), Snowflake is obscenely pricey. In fact, the company's valuation briefly surpassed its total addressable market ($8 billion) on an intraday basis. If given the choice, I'd say forget about Snowflake and buy these hypergrowth stocks instead.Teladoc HealthIf I wanted supercharged growth, I'd much rather buy telemedicine kingpinNYSE:TDOCcompound annual growth rate (CAGR) of almost 7%You might be thinking, "Hey, isn't this growth enti Show less Read more
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