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2 No-Brainer Nasdaq Stocks to Buy With $300 in April Before They Soar
NDAQNasdaq(NDAQ) The Motley Fool·2025-04-03 08:02

Core Viewpoint - The U.S. stock market has faced challenges, with the S&P 500 down 8% and the Nasdaq Composite down 14%, presenting a buying opportunity, particularly for technology stocks listed on Nasdaq [1] Group 1: Shopify - Shopify has a 42% upside potential based on Wall Street's median target price [3] - The company provides commerce software and services, ranking as a leader in digital commerce platforms for mid-market businesses [3][4] - Shopify's merchants account for over 12% of U.S. retail e-commerce sales and 6% in Western Europe, making it the second-largest e-commerce company in these regions [4] - The B2B e-commerce market, where Shopify has been recognized as a leader, is three times larger than retail e-commerce and growing nearly twice as fast [5] - In Q4, Shopify's revenue increased by 31% to 2.8billion,withnonGAAPearningsrising292.8 billion, with non-GAAP earnings rising 29% to 0.44 per diluted share [6] - The median stock price target for Shopify is 135,indicatinga42135, indicating a 42% upside from the current price of 95, with expected earnings growth of 24% in 2025 [7] Group 2: MongoDB - MongoDB has a 73% upside potential based on Wall Street's median target price [8] - The company is recognized as a leader in cloud database management systems, with strengths in transaction processing and analytical capabilities [9] - MongoDB's customer base grew by 14% to 54,500, with revenue rising 20% to 548millioninQ4offiscal2025[10]ThemediantargetpriceforMongoDBis548 million in Q4 of fiscal 2025 [10] - The median target price for MongoDB is 300, suggesting a 73% upside from the current price of $173 [11] - Despite disappointing guidance predicting a 30% earnings decline in fiscal 2026, MongoDB's current valuation of 65 times forward earnings is the lowest in its history [12]