Jim Cramer recently discussed 12 stocks, including Snowflake Inc. (NYSE:SNOW), which saw a 23.7% increase after raising its annual revenue guidance to $4.4 billion. Cramer’s prediction about Snowflake’s performance proved correct as the company continues to show growth potential in its business pipeline.

Snowflake Inc. (NYSE:SNOW) is a software company that helps businesses manage their data. The stock has gained 57.6% year-to-date, with an impressive increase following its second quarter earnings report. Cramer had previously predicted a strong quarter for Snowflake, which has now come to fruition.

While Snowflake Inc. (NYSE:SNOW) shows promise as an investment, some AI stocks may offer higher returns with less downside risk. For those interested in an inexpensive AI stock that benefits from Trump tariffs, consider exploring the best short-term AI stock highlighted in a free report.

Read more at Yahoo Finance: Jim Cramer Correctly Predicted Snowflake Inc. (SNOW) Would Have A “Blowout” Quarter