After Plummeting 37% This Year, Is Oracle Stock a Buy Now?
Investors are worried about Oracle's debt, but the company's long-term prospects could outweigh the near-term risks.
Overview
Oracle (NYSE: ORCL) shares have been on a wild ride so far this year. Investors have been left wondering whether it's worth holding on to the tech giant's shares, or if they should avoid the volatile stock altogether.
Oracle is spending a lot of money right now as it builds out more AI infrastructure, which has spooked some shareholders, leading to an Oracle stock sell-off that's left its share price down 37% year to date.
Details
That drop could represent a good buying opportunity. Here's why.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.