Analyst: Oracle (ORCL) ‘Undercutting Prices’ is ‘Dragging Down’ Cloud Sector Prices – ‘The Market is Becoming Commoditized’

We recently published Top 10 Trending Stock Ratings and Calls as Tom Lee Says Latest Selloff is a Buying Opportunity. Oracle Corporation (NYSE:ORCL) is one of the top trending stock ratings and calls. GQG Partners Portfolio Manager Brian Kersmanc recently discussed why he became underweight tech stocks amid weakening fundamentals. The analyst talked about Oracle and how the company is “undercutting prices” on enterprise deals. “Pricing dynamics within cloud are coming under a lot of pressure due to incre ...