Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is MongoDB Stock a Buy Right Now?

TheMotleyFool

0 0

Earlier this year, you probably wouldn't have guessed that MongoDB (NASDAQ: MDB) was a market-beater in the making. Over a period of less than four weeks between mid-February and mid-March, MongoDB lost more than 45% of its value. From its bottom, however, the stock has come roaring back, gaining more than 100%. In the process, it has become one the best performing stocks of 2020 to date.

This raises the inescapable question among investors who feel the train has already left the station. After such a spectacular run, should investors consider adding MongoDB stock to their portfolio right now, or should they look for better opportunities elsewhere?

Image source: Getty Images.

Source Fool.com

Like: 0

MDB

Share