If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,100 Today
Portfolio Pulse from Benzinga Insights
MongoDB (NASDAQ:MDB) has significantly outperformed the market over the past 5 years, with an average annual return of 16.77%. A $1000 investment in MDB 5 years ago would now be worth $2,129.19, highlighting the power of compounded returns.
October 11, 2024 | 9:00 pm
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MongoDB has outperformed the market over the past 5 years, with a 16.77% average annual return. A $1000 investment 5 years ago would now be worth $2,129.19, demonstrating strong growth and the impact of compounded returns.
The article highlights MongoDB's strong performance over the past 5 years, with a significant return on investment. This positive historical performance is likely to boost investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100