MongoDB: Perfect Rebound Candidate With Firming Growth Rates

  • MongoDB is a top pick for 'growth at a reasonable price,' rebounding after a recent 15% dip and strong Q1 earnings. The company leads in non-relational databases, benefiting from secular growth in unstructured data and strong brand recognition. MDB's healthy buyback program, robust cash balance, and balanced growth/profitability profile make it attractive vs. peers.