Why Guggenheim Sees Oracle’s (ORCL) AI Buildout Setting Up a Future Cash Flow Inflection

Oracle Corporation (NYSE:ORCL) is one of the best growth stocks to invest in according to billionaires. On March 13, Guggenheim reiterated its Buy rating on Oracle and kept its $400 price target, one of the highest targets on the Street. Analyst John DiFucci argued that Oracle’s recent quarter strengthened the case for the stock as a long-duration AI and cloud story, pointing in particular to the company’s $553 billion remaining performance obligations, which were up 325% year over year. He said the curre ...