Is Oracle (ORCL) One of the Best American AI Stocks to Buy?

Oracle Corporation (NYSE:ORCL) is one of the 10 Best American AI Stocks to Buy According to Analysts. On October 17, BMO Capital reaffirmed its Outperform rating on Oracle Corporation (NYSE:ORCL) with a price target of $355.

BMO Capital highlighted that Oracle Corporation (NYSE:ORCL) shared its fiscal year 2030 revenue and EPS targets. The company now expects to achieve a total revenue of $225 billion and EPS of $21 for fiscal year 2030. BMO Capital noted that the company’s forecast exceeded investor expectations.

Is Oracle (ORCL) One of the Best American AI Stocks to Buy?

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The firm also pointed out that Oracle Corporation (NYSE:ORCL) is one of the few companies that provides long-term guidance to investors.

BMO Capital remains positive about Oracle Corporation’s (NYSE:ORCL) future. The firm believes that the company is positioned strongly to leverage its mix of applications, data platforms, and cloud offerings.

Oracle Corporation (NYSE:ORCL) is an American multinational computer technology company specializing in database software, cloud infrastructure, and enterprise software solutions. The company offers one of the industry’s broadest and deepest suites of AI-powered cloud applications.

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Disclosure: None. This article is originally published at Insider Monkey.