Is MongoDB Stock a Buy?
Alternative database software expert MongoDB (NASDAQ: MDB) has been kind to investors since hitting the stock market three years ago. Share prices have grown more than sevenfold, including a massive 82% gain in 2020 alone. At the same time, MongoDB's stock has been dead in the water for a few months, trading essentially sideways since early June. Has this growth stock run out of rocket fuel already, or will MongoDB investors catch a second wind someday soon?
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A so-called NoSQL database like MongoDB's eponymous flagship application can do pretty much anything a relational database from Oracle (NYSE: ORCL) and others can do, and vice versa. The difference between relational and NoSQL databases is that the relational model is rigidly defined and difficult to change once you've set it up. The apps you design around an Oracle database will require a lot of detailed planning and very precise data inputs, while a MongoDB-based solution can work with various data types on the fly and won't be locked in a specific data model.
Source Fool.com
