US database turns out to be a jackpot – and other stock market tips of the week
In “Switzerland at the weekend”, our money columnist François Bloch writes why he recommends the US data storage company MongoDB and which fund investment puts the competition in the shade.
Jackpot for Ruedi Noser and others who invested in the US database MongoDB.
Illustration: Marco Ratschiller
The commitment to the US data storage champion will be a jackpot for you and a Zurich parliamentarian at the federal level MongoDB (MDB US). On Thursday after the US stock market closed, sensational quarterly figures were presented for the $20.7 billion stock, which catapulted it up a whopping 23.93%. My previous growth estimates have so far been smiled at smugly, now these fabulous figures are profitable reality! If my latest estimates are correct, the company will achieve a return of 20% on equity in 2026. (winner across the board)
