10 Best Performing Tech Stocks According to Hedge Funds

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1. Oracle Corporation (NYSE:ORCL

6-month performance: 49.46%

Number of Hedge Fund Holders: 97

Oracle Corporation (NYSE:ORCL) is one of the Best Performing Tech Stocks According to Hedge Funds. On July 24, Oracle Corporation (NYSE:ORCL) announced the launch of a new solution called Oracle Fusion Cloud Advanced Inventory Management within its Fusion Cloud Supply Chain and Manufacturing suite.

The tool uses embedded artificial intelligence to help organizations streamline their warehouse operations and improve supply chain efficiency. Management noted that this solution targets healthcare, manufacturing, and distribution companies that need more than basic inventory handling but less than a full warehouse management system. Some of the key features of this new solution include easy task assignment, simplified inventory transactions, real-time alerts for cross-docking, AI recommendations for storing incoming goods, and more.

Oracle Corporation (NYSE:ORCL) is a global technology company that develops and sells enterprise software and cloud computing solutions.

While we acknowledge the potential of ORCL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ORCL and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

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