Strength In MongoDB (MDB) And Datadog (DDOG)

The global recovery will continue in 2022 as people go back to work and spend, says Gerald Sparrow of Sparrow Growth Fund (SGNFX). Some indicators suggest inflation may be more manageable in the months ahead, he explains. Markets seem not to be too concerned with inflation, he adds. He thinks MongoDB (MDB) and Datadog (DDOG) business valuations may increase 30% or 40% in 2022. He explains these companies do not have the margin pressure issues as some others do. He thinks the overall theme for 2022 is very strong consumer demand for goods and services. He adds we have to keep an eye on what the Fed is going to do.