5 Best Data Center Stocks to Buy Now

In this article, we will look at the 5 best data center stocks to buy now. If you want to read our detailed analysis of the data center industry, you can go directly to the 11 Best Data Center Stocks to Buy Now.

5. Oracle Corporation (NYSE:ORCL)

Market Cap as of March 27: $240.98 Billion
Number of Hedge Fund Holders: 65

Oracle Corporation (NYSE:ORCL) provides global solutions for enterprise information technology with its cloud computing service, Oracle Cloud Infrastructure (OCI), offering computing, storage, and networking services through data centers located in 22 countries and 34 locations.

Oracle Corporation (NYSE:ORCL)’s expansion in Oracle Cloud regions and the popularity of its key products and platforms, such as Oracle Autonomous Database, MySQL HeatWave, Java, and Oracle Middleware, are fueling the demand for additional data center capacity.

Oracle Cloud has 40 operational regions and 9 in development, totaling 49 regions soon. Each region comprises 1-3 physically separate data centers called availability domains, connected by a low-latency, high-bandwidth network. Oracle Corporation (NYSE:ORCL) aims to establish at least 2 cloud regions in every country where it operates, with 2 regions already established in the US, Canada, UK, France, South Korea, Japan, Brazil, India, Australia, and the UAE.