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MongoDB, Inc. (MDB): A Bull Case Theory 

We came across a bullish thesis on MongoDB, Inc. on Nikhs’s Substack. In this article, we will summarize the bulls’ thesis on MDB. MongoDB, Inc.'s share was trading at $314.44 as of October 10th. MDB’s forward P/E was 76.92 according to Yahoo Finance.

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MongoDB has built its success by liberating developers from rigid relational schemas, becoming the default choice for modern web applications. Its document-based model eliminated migration headaches, accelerated development,...