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MongoDB 's (NASDAQ: MDB) stock has rallied nearly 70% so far this year as the software company impressed investors with its robust growth in a tough macro environment. But even after that run, it remains about 40% below its all-time high set in November 2021.
Should investors still buy MongoDB today, or will it run out of steam again before it revisits its record highs? Let's review its business model, growth rates, and valuation to decide.