Down 20%, Is Oracle a No-Brainer AI Buy?
Investors have favored artificial intelligence (AI) stocks over the past few years, seeing them as the ticket to an investing win. This is because AI has shown potential to revamp the way many things are done -- from business to daily tasks -- and as a result, supercharge earnings growth. Many companies involved in the development and use of AI already have started to reap the benefits, and this has been reflected in their stock performance. So investors who got in early made the right move.
But in recent months, various concerns have weighed on AI stocks -- from worries about investment levels in the technology relative to the revenue opportunity to general market headwinds, such as the war in Iran. As investors turned more cautious, even the strongest of AI stocks suffered. And that brings me to the subject of (NYSE: ORCL), a company that's emerged as a leader in the AI cloud market.
Down 20% this year, is Oracle a no-brainer AI buy? Let's find out.
Source Fool.com


