Jim Cramer Says “Oracle Has Made Itself the King of the Data Center, It’s the Fastest-Growing In the Space”

Oracle Corporation (NYSE:ORCL) is one of the stocks on which Jim Cramer expressed his thoughts. Cramer highlighted the company’s data center business, as he stated:

Now, today was an important day. It showed you that when oil’s in reverse, you get huge buying in what, the semiconductor stocks like Broadcom, Micron, and NVIDIA. It’s an amazing thing to see because there was no catalyst today, just a sense that, well, you’re being given one more chance to get in before the data center theme takes off again. Under any circumstances, I would wait to see how Oracle acts if you do want to find out about data centers. Oracle has made itself the king of the data center. It’s the fastest-growing in the space. We need to hear that there’s still tremendous demand for data centers from more than just the hyperscalers and that new chips from NVIDIA are going to be fabulous. Oracle can help us with that.

A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels

Oracle Corporation (NYSE:ORCL) provides cloud and on-premise software, databases, and IT infrastructure to help businesses manage operations.

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