Oracle Can Turn the Magnificent 7 Into 8: Here's Why

Oracle TodayORCLOracle$156.90 +17.01 (+12.16%) 52-Week Range$99.26▼$160.17Dividend Yield1.02%P/E Ratio42.29Price Target$146.30Add to WatchlistOracle NYSE: ORCL will have to triple in value to hit the $1 trillion mark and have a valuation on par with today’s Magnificent 7, but it can do it. Its FQ1/CQ3 results reveal its growing importance to Internet infrastructure, the cloud, and AI, which is accelerating revenue and earnings growth. The critical detail is that its shift from products to cloud services was ...