Their cloud business is growing at a record rates, once the data centres gets built the v revenue flows open
Oracle is a 'Decade Stock' Poised for a Rebound, Analyst Says. But Be Patient. -- Barrons.com
Oracle shares have lost nearly $400 billion in value over the past four months, to near their lowest levels since early June. They are seen as a market-listed proxy for both OpenAI and the titanic amounts of capital being committed to the artificial intelligence investment boom.Guggenheim analysts, however, led by John DiFucci, think the cloud and software company is a "decade stock" that will see growth at a "hyper rate" and cash flows that will "waterfall" over the longer term."We continue to view Oracle as our Best Idea and a stock that could work over the next decade," DiFucci and his team said in a note published Tuesday. "We believe that it simply has a better mousetrap in cloud infrastructure built on lessons learned by others that came before it , coupled with unique enterprise grade technologies that enable scaling and security like no others can today.". A lingering issue for investors, however, remains Oracle's close financial ties to OpenA
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
1
Report
Login to post
No comments yet