Fidelity Growth Strategies Fund Gained from its Underweight Exposure in MongoDB (MDB)

Fidelity Growth Strategies Fund Gained from its Underweight Exposure in MongoDB (MDB)

Fidelity Growth Strategies Fund's Q2 2024 investor letter highlighted MongoDB, Inc. as a top holding. Despite recent declines, the company's revenue increased by 13% year-over-year. Fidelity sees potential in MongoDB but believes AI stocks offer better returns in a shorter time frame.

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