Reported 3 days ago
Oracle Corp (NYSE:ORCL) has been recognized as one of billionaire Ken Fisher's top growth stock picks, showcasing an impressive 230% gain over the past five years compared to the Nasdaq 100's 143%. Fisher Investments holds a $2.99 billion stake in Oracle, fueled by strong demand for its cloud infrastructure services, particularly in artificial intelligence. With substantial revenue growth anticipated, Oracle projects a 15% increase in the next fiscal year. Despite its robust prospects, the article suggests that other AI stocks may present more attractive investment opportunities.
Source: YAHOO