5 Best Large-Cap Value Stocks To Invest In in 2024

4. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Investors In Q4 2023: 100

Latest P/E Ratio: 30.34

Oracle Corporation (NYSE:ORCL) is one of the biggest companies in the world when it comes to enterprise resource planning. This also makes it a key player in the artificial intelligence industry due to the technology’s potential of improving corporate decision making. The shares are rated Buy on average, and the average analyst share price target is $126.69.

By the end of last year’s fourth quarter, 100 out of the 933 hedge funds tracked by Insider Monkey had bought the firm’s shares. The largest Oracle Corporation (NYSE:ORCL) stakeholder is Jean-Marie Eveillard’s First Eagle Investment Management due to its $1.9 billion investment.

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