Oracle vs. Amazon: Which Is the Better AI Cloud Stock to Own for the Next 5 Years?
Oracle has sold off since last fall, but does that make its stock a better bargain than Amazon's?
Overview
When it comes to cloud stocks, Oracle (NYSE: ORCL) and Amazon (NASDAQ: AMZN) are among the industry's leaders.
Oracle's surging backlog initially lifted its stock, but the scope of its relationship with OpenAI cast doubt on the security of much of that future expected business. In contrast, Amazon pioneered and continues to lead the cloud industry, though it faces increasing competition from companies building AI-specific cloud environments.
Details
Fortunately, AI is likely here to stay, and Grand View Research forecasts a compound annual growth rate of 40.8% for the generative AI market through 2033. Also, both companies appear well-positioned to benefit from that growth over time.
Source
Originally published at www.fool.com.