15 Best Stocks to Invest in for an 18 Year Old

6. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holder: 97

Oracle Corporation (NYSE:ORCL) is one of the 15 best stocks to invest in for an 18 year old. With a price target of $135, JPMorgan maintained its Neutral rating on Oracle Corporation (NYSE:ORCL) on June 10. Oracle’s solid core AI infrastructure bookings were cited as a benefit for the company’s cloud infrastructure division.

Oracle’s current valuation, the firm noted, seems to account for expectations of a notable acceleration in revenue growth, possibly in the mid-high teens or around 20%. The firm’s analyst pointed out that although Oracle has the ability to support massive AI workloads, some valuation frameworks might not properly account for the $96 billion in debt that Oracle Corporation (NYSE:ORCL) has accumulated, which could skew comparisons with other tech titans.

On the plus side, the planned Stargate project is expected to help Oracle’s revenue, with industry talks suggesting that technology has been arriving in Texas. Oracle Corporation’s performance may be significantly impacted by this project, therefore the analyst will be watching for developments.

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