14 Stocks Jim Cramer Recently Looked At

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6. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders: 97

Oracle Corporation (NYSE:ORCL) is one of the 14 stocks Jim Cramer recently looked at. During the episode, Cramer called the company’s fundamentals “terrific” as he remarked:

“We have what I call an idea market. When an idea resonates, when it seems right, the older cohort buys the stock, too. No, it’s not necessarily something exciting that just the younger investors embrace, but the younger investors are in there first. Any plausible idea that has promise, you know, flying cars, I don’t care… nuclear. I’m no longer fighting it.

Right now, for example, we’re seeing billions of dollars worth of orders for data centers to be built by Oracle. We already knew that Oracle was doing well, but it just put out a press release today, saying it’s doing even better. So what happens? The stock goes from $118 to $218… in a couple of months’ time, then it keeps going higher. What matters is that the fundamentals are terrific, and as long as they stay terrific, well, the younger people would keep buying the stock.”

Oracle Corporation (NYSE:ORCL) delivers a broad suite of cloud applications, databases, infrastructure technologies, and hardware solutions.

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