Reported 2 days ago
Jim Cramer believes Oracle Corporation (NYSE:ORCL) is undervalued, noting that the stock has been significantly impacted but retains potential. In his latest commentary, he discussed how external influences, particularly from President Trump, have shaped market behavior, which paradoxically can benefit stocks like Oracle. Despite concerns, including a cancelled contract with the Department of Defense, Cramer highlights Oracle's multiple as an attractive investment opportunity in the current climate, suggesting that it could be a good time to consider buying.
Source: YAHOO