Better Buy: Oracle vs. Broadcom
(NYSE: ORCL) and Broadcom (NASDAQ: AVGO) are often considered blue-chip tech stocks that are owned for stability instead of growth. Yet both stocks soared over the past year, and are now hovering near their all-time highs.
Over the past 12 months, Oracle's stock surged 85% as it impressed investors with the robust growth of its cloud-based services. Broadcom's stock advanced 74% as its semiconductor and infrastructure software divisions continued to grow in a difficult macro environment. Should investors touch either of these tech stocks after those massive rallies?
Image source: Getty Images.
Source Fool.com
Oracle Corp. Stock
€112.42
0.410%
The stock is an absolute favorite of our community with 30 Buy predictions and no Sell predictions.
With a target price of 121 € there is a slightly positive potential of 7.63% for Oracle Corp. compared to the current price of 112.42 €.
