10 Best Stocks to Buy Now for High Returns

​8. Oracle Corporation (NYSE:ORCL)

EPS Growth Next Year: 35.50%

Number of Hedge Fund Holders: 115

Oracle Corporation (NYSE:ORCL) has declined more than 28% over the past month due to concerns regarding high capital expenditure. However, the Street remains bullish on the stock, with analysts’ 12-month price target suggesting more than 68% upside from the current level. Oracle Corporation (NYSE:ORCL) is also one of our Best Stocks to Buy Now for High Returns.

​On July 6, Piper Sandler reiterated a Buy rating on the stock with a price target of $225. The firm noted that they remain bullish on Oracle and expects the company’s cloud infrastructure business to beat fiscal 2027 revenue expectations. Moreover, the firm also sees the company’s higher capital expenditure turning into greater cloud capacity, which can ultimately drive the company’s revenue higher.

​Earlier, on June 23, KeyBanc analyst Jackson Ader also reiterated a Buy rating on the stock with a price target of $300. The analyst noted that Oracle is entrenched in the AI hyperscaler game. He noted that the company’s moderation in operating expense growth has enough room to more than offset the hit to gross margin. This suggests that the company’s cost cuts in day-to-day expenses are expected to be sufficient to make up for lower profitability in core products. The firm noted that it remains bullish on the stock for long-term growth.

Oracle Corporation (NYSE:ORCL) provides information technology related products and services to enterprises, through its main business segments: Cloud and License, Hardware, and Services. The company is based in Austin, Texas and was founded on June 1977 by Lawrence Joseph Ellison, Robert Nimrod Miner, and Edward A. Oates.