Is Oracle Stock a Buy Now?
Despite not capturing the same level of market attention as some of its mega-cap technology sector peers, (NYSE: ORCL) has quietly emerged as a major winner in the artificial intelligence (AI) revolution. A surge in demand for the company's infrastructure solutions and broader software applications has powered shares to a fantastic 53% return in the past year.
There's a lot to like about this cloud computing giant, but can the recent rally keep going? Let's discuss whether Oracle stock is a buy right now.
The data-intensive requirements for companies building out their AI capabilities have made Oracle's ecosystem of products and services more important than ever. This includes Oracle's hybrid cloud solutions, spanning infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS) offerings. The integrated platform represents a critical component of the AI value chain, enabling data storage, scalable computing for model training, and seamless deployment of AI applications.
Source Fool.com
Oracle Corp. Stock
The stock is one of the favorites of our community with 99 Buy predictions and 2 Sell predictions.
With a target price of 230 € there is a hugely positive potential of 50.78% for Oracle Corp. compared to the current price of 152.54 €.
