Oracle (ORCL) Rises 31.4% YTD: Can AI Push Drive It Higher?
Oracle(ORCL) ZACKS·2024-07-22 15:50
Oracle (ORCL) has seen its stock price soar 31.4% year to date, outpacing the Zacks Computer and Technology sector and many of its tech sector peers. This impressive rally has caught the attention of investors and analysts alike, prompting questions about the sustainability of this growth and the factors driving it.At the heart of Oracle's recent success is the company's strategic pivot toward artificial intelligence (AI) technologies. As businesses across industries rush to integrate AI into their operatio ...