Better Buy: IBM vs. Oracle
IBM (NYSE: IBM) and Oracle (NYSE: ORCL) are mature tech companies looking to the cloud to help them orchestrate a comeback. Just this month, the head of IBM's cloud division, Arvind Krishna, took over as CEO. Oracle, a company associated with database management software for much of its history, has made its own moves into the cloud.
However, the future of these tech stocks remains in question as both companies face stiff competition from Microsoft, Amazon, and numerous other enterprises trying to profit in the same competitive space. Whether IBM or Oracle produces higher returns will likely hinge on executive leadership and how well they can guide their companies to cloud success. Let's take a closer look and see which might be the better buy right now.
IBM has reinvented itself many times since its founding over 100 years ago. Big Blue now wants to redefine itself as a cloud company. The purchase of cloud specialist Red Hat in the summer of 2019 for $34 billion solidified this commitment.
Source Fool.com
