Jim Cramer Says Oracle Has “Ridden the AI Data Center Wave to Achieve Tremendous Gain”

Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer recently provided insights on. Cramer noted the stock’s tremendous rally over the last three years. He commented:

“My number two favorite is Oracle at 4:1, current market cap just over $800 billion. If I were making these odds based solely on momentum, Oracle would be the overwhelming favorite to be the next trillionaire, as it’s ridden the AI data center wave to achieve tremendous gain. This stock is up 274% over the past three years, including a 69% gain year to date. A big chunk of that comes just since Oracle announced a massive cloud deal with OpenAI last month. If the stock can keep up its recent momentum, then I think it would hit the trillion-dollar finish line pretty darn soon. But I don’t have Oracle as the absolute favorite frankly, because I think there should be some recognition of the risk that these guys are taking.

Ken Wolter/shutterstock.com

Oracle Corporation (NYSE:ORCL) provides cloud-based software, infrastructure, and hardware solutions for enterprise IT.

While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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

View Comments