04
Fri, Jul

Oracle Corporation (ORCL): People Are Buying For Something They Shouldn’t Be, Says Jim Cramer

Oracle Corporation (ORCL): People Are Buying For Something They Shouldn’t Be, Says Jim Cramer

Financial News
Oracle Corporation (ORCL): People Are Buying For Something They Shouldn’t Be, Says Jim Cramer

“Right now, for example, we’re seeing billions of dollars worth of orders for data centers to be built by Oracle. We already knew that Oracle was doing well, but it just put out a press release today, saying it’s doing even better. So what happens? The stock goes from $118 to $218… in a couple of months’ time, then it keeps going higher. What matters is that the fundamentals are terrific, and as long as they stay terrific, well, the younger people would keep buying the stock.”

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Original Source At Yahoo Finance

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Original Source At Yahoo Finance

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