monday.com Ltd. (MNDY)<--- Do We Take another stab? NasdaqGS - NasdaqGS Real Time Price. 177.43+5.33 (+3.10%) As of 01:18PM EST.
Good eye on CCCC. IOVA appears to be holding out at $8. DYN a fat shelf for $17.50. Is MRUS one of your baby biotechs?
I think we may of avoided something ugly today. Market has a way of fixing itself and those thoughts of a March lowering of rates- so stupid to begin with- you have to think that's been pushed out. I say June>>>> Did you hear Janet Yellen today?.. I was half out of the room but I'm pretty sure she said we nailed the soft landing. Mission accomplished. That's big. nobody is reporting that.
This project management software company is a top tech stock for 2024. Notably, the underlying fundamentals are impressive, supporting more upside in the stock. Besides, new product launches are supporting growth. Monday.com (NASDAQ:MNDY) is profiting from its multiproduct strategy aimed at ensuring its platform supports cross-functional collaboration for customers. The company is rapidly innovating and bringing new products to market, creating cross-sell opportunities. With new products playing a pivotal role, Q3 fiscal year 2023 revenues surged to $189.2 million, a 38% increase YoY. Over 2,534 initial work management accounts adopted one new product in the quarter. Due to the widespread adoption of these new products, management expects a 39% to 40% revenue growth for the full year. Still, other catalysts make Monday.com one of the top tech stocks for 2024. First, management plans to open the new mondayDB and Monday sales CRM products to all customers by the end of Q1 FY2024. Secondly, the company is improving its Monday AI capabilities, especially the AI formula builder and the AI solution builder. So far, these solutions have generated meaningful value for customers. For instance, Formula Builder has assisted over 5,000 users in developing advanced formulas. Lastly, the company is moving towards profitability. For instance, in Q3, the GAAP operating loss narrowed to $2.5 million from a loss of $28.2 million in the prior year’s quarter. Additionally, it recorded an impressive free cash flow margin of 34%. Management has demonstrated the ability to scale efficiently, which will help boost investor interest.
This guy was telling me that this upcoming year will be about people finding ways to use AI to make their work faster,better easier.. and here Monday.com sits. For instance, Formula Builder has assisted over 5,000 users in developing advanced formulas. Then next year AI will used by corporations to fire all the people who trained it and used it.... Drink Up. (I did)