Canopy Growth vs MongoDB Which Should You Buy?
Canopy Growth and MongoDB are two companies in different sectors of the market, with Canopy Growth being a leading cannabis producer and MongoDB specializing in database technology. Both stocks have seen significant growth in recent years, attracting the attention of many investors. Canopy Growth's stock has been volatile due to the uncertain regulatory environment surrounding the cannabis industry, while MongoDB's stock has shown steady growth thanks to its innovative products and strong financial performance. Investors should carefully consider the risk and reward potential of each stock before making investment decisions.
Canopy Growth or MongoDB?
When comparing Canopy Growth and MongoDB, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Canopy Growth and MongoDB.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Canopy Growth has a dividend yield of -%, while MongoDB has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Canopy Growth reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, MongoDB reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Canopy Growth P/E ratio at -0.64 and MongoDB's P/E ratio at -93.58. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Canopy Growth P/B ratio is 0.64 while MongoDB's P/B ratio is 15.10.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Canopy Growth has seen a 5-year revenue growth of 4.92%, while MongoDB's is 1.87%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Canopy Growth's ROE at -111.67% and MongoDB's ROE at -18.84%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $3.63 for Canopy Growth and $272.94 for MongoDB. Over the past year, Canopy Growth's prices ranged from $2.75 to $14.92, with a yearly change of 441.56%. MongoDB's prices fluctuated between $212.74 and $509.62, with a yearly change of 139.55%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.