Oracle Corporation (ORCL) continues to attract the attention of investors following strong Q2 performance and dividends payout of $0.40. Analysts identified the corporation’s continued transformation and success in the hybrid cloud and artificial intelligence (AI) sectors in multiple reports. The firm remains bullish on the firm as it pursues plans to add more data centers, cementing its position as a key player in enterprise technology. Oracle Corporation's recent performance has driven many to consider it as the best undervalued AI stock. Much of this sentiment is boosted by the optimism from well-known figures such as Jim Cramer. Increased institutional ownership, reaching 44%, has also been reported. Future earnings are expected to surpass analysts' estimates driven by multiple AI initiatives. With the promise of a strong Return on Equity and robust revenue growth forecasted for FY25, many are considering Oracle as a Top Growth Stock for the Long-Term. Reports also suggest that Oracle's AI-powered cloud growth is driving its shares to record highs, thus creating a bullish market sentiment.
Oracle Corp ORCL News Analytics from Mon, 15 Apr 2024 07:00:00 GMT to Fri, 27 Sep 2024 20:34:00 GMT -
