Meet the Beaten-Down AI Cloud Stock That Just Sold Off but Has 120% Upside, According to Wall Street
This AI cloud and database giant sold off, but could it have the most upside of any AI stock?
Overview
Many artificial intelligence stocks have soared recently, but not all of them. Case in point: database leader and AI cloud provider Oracle (NYSE: ORCL), which sold off hard following its recent earnings report.
Despite the turmoil in the stock, at least one Wall Street analyst thinks the concerns are overblown and projects a 120% upside.
Details
So who is right? Is Oracle the rare AI stock at a strong value today? Or a pretender to the throne?
Source
Originally published at www.fool.com.
Related Articles
- The moment of peak stagflation has passed. Here’s how some strategists recommend to trade it.
- My mother was co-owner of my late grandmother’s bank account. Should she share the money with her siblings?
- SpaceX Will Surpass Amazon and Microsoft on Its Way to a $3 Trillion Valuation, According to One Wall Street Analyst
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.