If You'd Invested $1,000 in Oracle at Its IPO, This Is How Much You Would Have Today
Technology is a ruthlessly competitive field where innovation is a constant existential threat. But some companies, like enterprise software giant (NYSE: ORCL), have stood the test of time.
Had you invested $1,000 into the company's initial public offering (IPO) in 1986, you'd be a millionaire with a $2.2 million fortune assuming you reinvested all your dividends over the years.
Artificial intelligence (AI) has seemingly become the technology industry's future. So can Oracle stay relevant, or should investors look for new dogs that can perform newer tricks?
Source Fool.com
Oracle Corp. Stock
€113.28
-1.130%
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 6.81% for Oracle Corp. compared to the current price of 113.28 €.
