Could Oracle Be the Next Nvidia?
Nvidia (NASDAQ: NVDA) has become the winner of the artificial intelligence (AI) revolution so far. The company's AI successes started with the top performance of its AI chips, then continued to evolve as Nvidia added related products and services to its repertoire. Today, the company is an AI giant, the go-to destination for customers big and small that aim to develop an AI platform.
All of this has helped Nvidia's earnings to roar higher, reaching record levels, and considering the ongoing demand for AI, this momentum may continue. Investors have taken notice and piled into Nvidia stock, helping the shares soar 1,100% over the past three years.
While Nvidia remains a fantastic investment opportunity, investors continue to look for the company that may follow in the AI giant's footsteps -- building up an AI dominance that will help its shares explode higher. Could (NYSE: ORCL), a player that recently delivered a mind-blowing forecast for growth, be the next Nvidia? Let's find out.
Source Fool.com
Oracle Corp. Stock
The stock is one of the favorites of our community with 96 Buy predictions and 1 Sell predictions.
With a target price of 260 € there is potential for a 130.82% increase which would mean more than doubling the current price of 112.64 € for Oracle Corp..
