Jim Cramer Says He Thinks “The Oracle Case is Instructive”

ORCL -5.66% OPAI.PVT

Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer put under the spotlight. Cramer highlighted the company borrowing money to build data centers, as he remarked:

“Now, co-founder, chairman, and CTO, Larry Ellison, who is brilliant and tough, is back in the driver’s seat. He’s going full tilt. He’s pushing all of his chips, putting, everything’s going to be on AI here… and Wall Street clearly feels a lot worse about that idea than it did just a couple of months ago.

Photo by Artem Podrez on Pexels

Oracle Corporation (NYSE:ORCL) provides enterprise technology solutions, including cloud software, databases, infrastructure, hardware, and development tools, alongside consulting and support services. The company’s solutions cover business applications, AI, IoT, machine learning, and blockchain.

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Disclosure: None. This article is originally published at Insider Monkey.