Why MongoDB Could Be a Sleeper Stock Ready to Soar
MongoDB is one of those fascinating growth stories that goes back as far as we can see, and we went back a full 5 years.
Each and every quarter showed year-over-year revenue growth. Yet the share price sits at levels similar to those from 4 years ago.
So is MongoDB a buy or a sell?
Key Points
- MongoDB faces slowing revenue growth and new customer acquisition,
» Read more about: Why MongoDB Could Be a Sleeper Stock Ready to Soar »
Read More
Market Commentary: 1 Pet Stock You Would Be Barking Mad To Overlook
Following a market correction in 2022 of about 20%, this year has been topsy turvy with some stocks doubling and others lagging like an anchor is tied to their share price.
PetMed Express falls into that latter category as losses mounted but the underwhelming performance has created a potential opening for value investors to get in at really low prices.
» Read more about: Market Commentary: 1 Pet Stock You Would Be Barking Mad To Overlook »
Read More
Market Commentary: $1.7 Billion Fund Bets Massively On 1 Stock
David Einhorn has made a name for himself as the founder of Greenlight Capital, which manages around $1.7 billion at last count in Q3 2023.
Interestingly, the fund has made a massive bet on another company with Green in its name, Green Brick Partners. It’s an unfamiliar name to many investors and even those who do know of it may wonder why such a huge position was established by Einhorn and his investment team.
» Read more about: Market Commentary: $1.7 Billion Fund Bets Massively On 1 Stock »
Read More
Market Commentary: Little-known Dutch Stock Is Soaring
Some stocks just don’t get a lot of notoriety but they deserve the plaudits. In the United States if you were to ask someone to name a digital payment processor, you would likely hear the names Square or Stripe, but the odds are Adyen wouldn’t rank highly in a poll.
It’s with good reason that the Dutch firm flies under-the-radar.
» Read more about: Market Commentary: Little-known Dutch Stock Is Soaring »
Read More
1 Galactic Stock Up 50%, Will It Keep Going?
A few months ago, we wrote an article titled Is This Stock Set To Blast Off in which we featured Planet Labs, trading at under $2 per share at the time.
Since then, the stock is up by over 50% on a slew of positive news including a new 7-figure deal with NATO.
» Read more about: 1 Galactic Stock Up 50%, Will It Keep Going? »
Read MoreThe Ivy
Why Is Warren Piling Into This Monster Insurer?
Imagine a business that has quietly dominated its industry for decades, steadily outperforming its rivals while keeping an impeccable balance sheet.
Add to the fact that it has thrived during economic downturns and periods of rising interest rates when its peers faded.
In recent years, it’s seen its earnings surge, boosted by both disciplined underwriting and a strong investment portfolio.
» Read more about: Why Is Warren Piling Into This Monster Insurer? »
Read MoreThe Spotlight
Chipotle’s Sizzling Success Fueling Unstoppable Growth
Chipotle Mexican Grill continues to thrive in the fast-casual dining sector, surpassing expectations despite facing tough year-over-year revenue comparisons.
The burrito chain not only maintained its growth trajectory but accelerated it, translating to a 14.1% increase year over year to $2.7 billion in Q1 2024. The growth is particularly impressive given that it follows a 17.2% increase in the same quarter last year.
» Read more about: Chipotle’s Sizzling Success Fueling Unstoppable Growth »
Read MoreThe Daily
Niagara police report over $1.3M lost in 2024 cryptocurrency frauds
Niagara police are trying to stop fraud involving funds transferred through cryptocurrency ATMs in the Niagara region.
According to a report by the police service, there were 60 reported incidents last year in the Niagara Region where victims had transferred money using cryptocurrency ATMs in various types of fraud.
Investigators say over $1.3 million was transferred using these ATMs.
» Read more about: Niagara police report over $1.3M lost in 2024 cryptocurrency frauds »