Oracle's Stock is Red Hot. So Why Is Wall Street Divided?
Oracle(ORCL) Investopedia·2024-09-23 18:25
Key TakeawaysAfter a recent runup powered by an AI-fueled outlook, database giant Oracle has become the best-performing tech stock in the S&P 500, trailing only AI chipmaker Nvidia.Wall Street analysts are divided on Oracle's stock amid concerns its growth story could hinge on its ability to ride the AI boom. Some analysts warned Oracle’s “aggressive” growth targets could leave the company little room for error. Could Oracle (ORCL) be this year’s next big AI-fueled hypergrowth story? It's already had a blo ...