Oracle vs. Salesforce: Which Enterprise AI Stock Has More Room to Run?
AI is disrupting the tech world, but these companies are quickly adapting.
Overview
Enterprise AI stocks haven't been big winners for investors over the past year, as Salesforce (NYSE: CRM) and Oracle (NYSE: ORCL) shareholders will tell you. Salesforce's stock is down about 3% over the past 12 months, while Oracle's stock has cratered 55%, compared to the S&P 500's (SNPINDEX: ^GSPC) 16% gains.
But both have made big moves into artificial intelligence (AI), some of which are already yielding positive results. With the AI boom still in the early innings, investors hope Salesforce and Oracle could still be long-term winners.
Details
So, which looks like the better bet for an AI-fueled run? Here's what you need to know.
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.