We recently published a list of Jim Cramer Discussed These 10 NASDAQ 100 Stocks Recently. In this article, we are going to take a look at where MongoDB (NASDAQ:MDB) stands against other NASDAQ 100 stocks that Jim Cramer discussed recently.
Jim Cramer, the host of Mad Money, recently shared his perspective on the stock market, especially reflecting on the events of 2024. He emphasized that years like 2024 don’t come around often, where everything feels so clear and the winners are so apparent. According to Cramer, if investors tried to get too creative or overcomplicate their strategies, they likely missed out on the obvious winners.
“If you tried to get creative, you tried to get clever, you missed out on some truly idiot-proof winners. The losers on the other hand, well, they were not as easy to spot because in many cases they were the market’s former winners, even if they long ago lost their way.”
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As part of his annual analysis on Mad Money, Cramer examined the top and bottom performers of the Nasdaq 100 in 2024, offering insights into what worked and what didn’t. He reviewed how, in many instances, investors tend to become frustrated with stocks that are overhyped, knowing deep down that eventually, something better will come along. He likened these overly loved stocks to a “mouse trap,” where the price could only go down from such lofty heights, warning that many investors would regret not jumping off the metaphorical spaceship before the crash.
Cramer shared his thoughts on the five best performers in the NASDAQ 100 for 2024, calling it a “real good collection of winners” and expressing a genuine fondness for these stocks. He also noted that, while the Nasdaq 100 losers may have appeared to have suffered dramatic declines, the reality was more nuanced.
“The Nasdaq 100 losers, though they aren’t so horrible as the declines would make you think, but they got clobbered because they were emblematic of golden calves, worshipped for a long time before being revealed as not so special after all.”
Our Methodology
For this article, we compiled a list of 10 stocks that were discussed by Jim Cramer during the episode of Mad Money on January 2. We listed the stocks in ascending order of their hedge fund sentiment as of the third quarter, which was taken from Insider Monkey’s database of 900 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A software engineer hosting a remote video training session on a multi-cloud database-as-a-service solution.
MongoDB, Inc. (NASDAQ:MDB)
Number of Hedge Fund Holders: 49
MongoDB, Inc. (NASDAQ:MDB) was second on Cramer’s list of stocks that were down the most in 2024 and he remarked:
“Second, MongoDB, down 43%… helps you develop applications, data modeling… 2024 was the year we turned on enterprise software simply because there are too many companies doing the same thing. So if you have one bit of slowness, you regard it as a dead man walking. MongoDB is a pretty good company, but it’s 72 times earnings. No, thank you. It was up big today. Hope springs eternal.”
MongoDB (NASDAQ:MDB) provides a versatile database platform with solutions that include MongoDB Atlas, a multi-cloud database service, MongoDB Enterprise Advanced, a commercial offering for enterprises, and Community Server, a free version for developers. The company experienced fluctuations in its stock performance in 2024, and the stock traded down after the news of a management change, as longtime CFO and COO Michael Gordon announced he would be stepping down at the end of January.
It should be noted that the company has experienced sales growth and a reduction in its bottom-line losses in recent quarters. In the third quarter of 2025, the company reported a 22% year-over-year increase in total revenue. Its net loss narrowed to $9.8 million, or $0.13 per share, compared to a net loss of $29.3 million, or $0.41 per share, during the same period last year.
For fiscal year 2025, MongoDB (NASDAQ:MDB) expects revenue between $1.973 billion and $1.977 billion, with non-GAAP income from operations projected at $242 million to $245 million. The company is reallocating resources from mid-market to enterprise, leading to slower customer growth but higher long-term revenue. Additionally, management has said that the introduction of Atlas Flex clusters will result in a one-time decrease in customer count due to low-spending serverless customers not transitioning to Flex.
Overall, MDB ranks 6th on our list of NASDAQ 100 stocks that Jim Cramer discussed recently. While we acknowledge the potential of MDB as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MDB but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.