$MongoDB Inc.(MDB)$ Worth watc

Worth watching this stock, it recently posted earnings which beat EPS expectations by 63%, not to mention it had been beating EPS and Revenue expectations in the last 4 quarters. Rising 10% post the results it dropped 16%(26% if you calculate from the 10%-12% rise post the results) Currently trading at 297$ from the high of 388$

The reason for the drop mainly was the resignation of CFO and COO Michael Gordon who held that position for more than a decade. However I see this a window of opportunity and expect the stock to rise above 400$ in 2025.

Considering the requirement for Data, AI and cloud in the near future I see this stock as a good pick to hold in your portfolio.

Modified in.12-12

💰 Stocks to watch today?(18 Dec)

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Comments

Tigerous
12-13
Tigerous
Why did they resign with such good company earnings?
- Evara:
  That was a good question, made me wonder.
  So I checked his work history and that seems like a normal tenure for him, this is his 4th company. Many executives don’t hang around too long they are always looking for better opportunities.

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