12 Most Promising Long-Term Stocks to Buy

Page 6 of 11

6. MongoDB Inc. (NASDAQ:MDB)

5-Year Revenue CAGR: 34.63%

Number of Hedge Fund Holders: 75

MongoDB Inc. (NASDAQ:MDB) is one of the most promising long-term stocks to buy. On September 17, MongoDB announced that it is extending its search and vector search capabilities to its self-managed offerings, the MongoDB Community Edition and MongoDB Enterprise Server. These powerful features were previously exclusive to the fully managed MongoDB Atlas cloud platform.

Starting immediately, these capabilities are available in public preview for development and testing purposes for millions of developers to securely build AI applications on any infrastructure, from local machines to on-premises data centers.

With search and retrieval capabilities now integrated, developers can seamlessly prototype and build next-generation applications. Specifically, Vector Search enables semantic information retrieval based on meaning encoded in vector embeddings, allowing users to manage and build dynamic AI applications. Developers can also boost accuracy with Hybrid Search. Furthermore, the data in MongoDB can now serve as the long-term memory store for AI agents.

MongoDB Inc. (NASDAQ:MDB) provides general purpose database platform worldwide. The company’s core offerings include MongoDB Atlas, MongoDB Enterprise Advanced, and Community Server.

Page 6 of 11