- InvestorPlace
3 Cloud Computing Stocks to Buy Now: June 2024
Since OpenAI launched ChatGPT in November 2022, the AI thesis has lifted many technology stocks. However, software stocks have recently faced the perfect storm as investors price in the risk of AI disruption. Due to uncertainty, investors are throwing out the baby with the bathwater, presenting some cloud computing stocks to buy now. Over the past three months, the iShares Expanded Tech-Software Sector ETF (BATS:IGV) is down 3%, while the S&P 500 is up over 5%. The underperformance is due to the
- Insider Monkey
Is MongoDB, Inc. (MDB) a Good SaaS Stock to Buy Right Now?
We recently compiled a list of the 10 Best SaaS Stocks To Buy Now. In this article, we are going to take a look at where MongoDB, Inc. (NASDAQ:MDB) stands against the other SaaS stocks. SaaS, also known as software as a service, is one of the biggest and most important industries in today’s high […]
- Insider Monkey
Alger Mid Cap Growth Fund Maintains its Conviction in MongoDB (MDB)
Fred Alger Management, an investment management company, released its “Alger Mid Cap Growth Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. U.S. equities experienced a robust rally in Q1, with the S&P Index finishing up 10.56%. The fund underperformed the Russell Midcap Growth Index in the quarter. Industrials […]
