Why Specialty Tech Stocks Like Super Micro Computer Blasted Higher Today
On Monday, it seemed almost impossible not to make money by betting on tech stocks -- nearly any tech stocks.
Such titles are all the rage on the market just now, with a host of tailwinds propelling them forward. On Monday, beneficiaries in many tech niches abounded. Components supplier Super Micro Computer (NASDAQ: SMCI), data warehousing specialist Snowflake (NYSE: SNOW), and next-generation database company (NASDAQ: MDB) all bumped more than 3% higher in price.
One of the stronger winds providing a lift to the tech sector as a whole has been the semiconductor industry. Last Thursday one of the sector's guideposts, the powerful Taiwan Semiconductor, posted fourth-quarter results.
Source Fool.com
MongoDB Inc. Stock
€232.05
0.740%
The stock is one of the favorites of our community with 40 Buy predictions and 2 Sell predictions.
With a target price of 409 € there is a hugely positive potential of 76.26% for MongoDB Inc. compared to the current price of 232.05 €.
