Is It Time to Buy May's Worst-Performing Nasdaq Stocks?
Software stocks had a terrible time in May. The majority of last month's worst-performing shares were software providers. This is notable considering that these rapid-growth stocks rarely go on sale.
But it's not just high-flying software stocks that had a difficult time. Some biotech companies also struggled in May. If you're looking for growth all-stars at a discount, the two stocks below are for you.
For years, (NASDAQ: MDB) has been one of the market's favorite growth tech stocks. But as with any rapid growth stock, the path forward hasn't always been smooth sailing. Last month, for instance, shares lost some 35% of their value. That left MongoDB stock down nearly 20% for the year -- a rare occurrence.
Source Fool.com
MongoDB Inc. Stock
€254.35
-2.530%
With 48 Buy predictions and 2 Sell predictions MongoDB Inc. is one of the favorites of our community.
As a result the target price of 321 € shows a positive potential of 26.2% compared to the current price of 254.35 € for MongoDB Inc..
