This Once-Deflated Cloud Stock Deserves Another Look. Here's Why.

After Snowflake (SNOW) launched its initial public offering in September of 2020, the stock broke out to an all-time high less than three months later. But as often happens with IPOs, the initial hype was followed by a prolonged slump. Now, however, shares of the artificial intelligence-fueled data cloud firm have perked up. Its first-quarter earnings report, AI product growth…