13 Hot Stocks to Invest in Right Now

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5. Oracle Corporation (NYSE:ORCL)

Avg Volume: 17.35 million

Number of Hedge Fund Holders: 124

Oracle Corporation (NYSE:ORCL) ranks among the hot stocks to invest in right now. While retaining its Outperform rating, BMO Capital boosted its price target for Oracle Corporation (NYSE:ORCL) from $245 to $275 on September 9. The firm claimed that Oracle’s “durable AI demand” was an important driver for the increased price target. It also highlighted Oracle’s partnership with OpenAI as a factor in the projected acceleration of growth through fiscal year 2028.

Ahead of Oracle’s October Analyst event, BMO Capital released FY28 forecasts, which indicated longer-term confidence in the company’s trajectory of growth in the artificial intelligence space.

The firm pointed out that, even with the optimistic revenue projections, Oracle’s margins will probably be under pressure in the upcoming years from changes in the product mix as well as higher capital expenditures and depreciation costs.

Oracle Corporation (NYSE:ORCL) is a leading IT solutions company that offers a variety of products, such as cloud infrastructure, software, and apps.

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