Oracle Stock Gains Amid AI Growth and Trading Surge

1 min read
Source: TipRanks
Oracle Stock Gains Amid AI Growth and Trading Surge
Photo: TipRanks
TL;DR Summary

Despite a significant stock decline due to concerns over high capital expenditure and negative cash flow, top investor James Foord sees Oracle as a reasonable buy, citing its large backlog and potential for future revenue growth, especially in AI, with a positive outlook supported by Wall Street consensus.

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