Where Will Oracle Stock Be in 3 Years?
(NYSE: ORCL) has made investors significantly richer in the past three years, turning an investment of $1,000 into the stock into almost $4,600, as of this writing. The stock's remarkable jump of 358% during this period has significantly outpaced the 84% gains clocked by the S 500 (SNPINDEX: ^GSPC).
Oracle's market-beating gains in the past three years have taken its market cap to $802 billion. Investors may now be wondering if this technology giant is capable of delivering more gains considering its massive market cap, which has now made it the 14th-largest company in the world. However, the good part is that Oracle has the ability to become a much bigger company in the next three years.
Let's look at the reasons why.
Source Fool.com
Oracle Corp. Stock
€131.68
-1.230%
The stock is one of the favorites of our community with 98 Buy predictions and 1 Sell predictions.
With a target price of 234 € there is a hugely positive potential of 77.7% for Oracle Corp. compared to the current price of 131.68 €.
