If You Invested $100 In This Stock 5 Years Ago, You Would Have $500 Today
Portfolio Pulse from Benzinga Insights
MongoDB (NASDAQ:MDB) has significantly outperformed the market over the past 5 years, with an annualized return of 22.09% and an average annual return of 34.88%, growing a $100 investment to $450.75. The company now has a market capitalization of $32.00 billion.
February 06, 2024 | 9:30 pm
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POSITIVE IMPACT
MongoDB has shown remarkable growth over the past 5 years, with a $100 investment growing to $450.75, reflecting a significant outperformance of the market.
The substantial growth in MongoDB's stock price over the past 5 years, as highlighted by the 34.88% average annual return and the growth of a $100 investment to $450.75, indicates strong performance and market confidence in the company. This historical performance, coupled with a significant market capitalization of $32.00 billion, suggests a positive outlook for MongoDB's stock in the short term, assuming the company continues on its current trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100