DATABASE SOFTWARE COMPANY MDB JUMPS 35.4% AFTER EARNINGS – MDB TO BENEFIT FROM HIGH AI WORKLOAD

Twitter
LinkedIn
Facebook

By Nigam Arora & Dr. Natasha Arora

Signal(s) to enter, add, reduce, exit, hold or change.

MongoDB (MDB) is a database software company.  It is long from $24.  It is trading at $373.64 as of this writing.  It jumped 35.4% on earnings released yesterday after hours.  This represents a 1558% gain on the position.

Earnings

 earnings were better than the consensus.  They gained new customers, especially enterprise customers, and also highlighted higher workloads from current customers.

Artificial Intelligence

In The Arora Report analysis, MDB will benefit from high artificial intelligence compute workloads.

Buyout Candidate

 remains a buyout candidate.  To date 180 of The Arora Report portfolio companies have been bought out producing a fortune for long-time subscribers.

Zones

This is a very long term position.  The very long term target is $733 to $800.

For those who are following the Good Way, the Buy Now rating is NO.

For those following the Best Way, normally we give buy zones in advance but this stock is simply too volatile to give a buy zone for those who are not in  at this time.

What To Do Now

Those in the stock may consider continuing to hold.

Those not in the stock may consider waiting for a signal on the Real Time Feed.

To take a free 30-day trial to paid services to gain access to more opportunities, please click here.

This post was just published on ZYX Buy Change Alert.

Markets can generate substantial wealth for knowledgeable investors. NOW YOU TOO CAN ALSO SPECTACULARLY SUCCEED AT MEETING YOUR GOALS WITH THE HELP OF THE ARORA REPORT. You are receiving less than 2% of the content from our paid services. …TO RECEIVE REMAINING 98% INCLUDING MANY ATTRACTIVE INVESTMENT OPPORTUNITIES, TAKE A FREE
TRIAL TO PAID SERVICES.

Please click here to take advantage of a FREE 30 day trial.

Nigam Arora

Nigam Arora

Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing.

Dr. Natasha Arora

Dr. Natasha Arora

Dr. Natasha Arora has significant expertise in investment analysis especially biotech, healthcare, and technology. Natasha is a graduate of Harvard Medical School followed by a postdoc at MIT. She has published several peer reviewed research papers in top science journals.

Subscribe to 'Generate Wealth'

Free Forever

More To Explore

30 Day Free Trial

Cancel within 30 days and you owe nothing

When you take a FREE 30 day trial, you get access to powerful techniques used by billionaires and hedge funds to grow richer. You can continue to use these powerful techniques to grow richer even if you cancel your subscription. You come out ahead by subscribing no matter how you look at it.

A fortune is to be made from AI stocks.
Get the list of 18 AI stocks to grab your share of the profits — no cost to you.

A fortune is to be made from AI stocks.

Get the list of 18 AI stocks to grab your share of the profits.

AI is a $1 Trillion Market

Making A Fortune
In Artificial Intelligence

Golden Age of Artificial Intelligence