Jim Cramer Says Oracle Is One of the Stocks He Is “Most Worried About”

Oracle Corporation (NYSE:ORCL) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday’s market rotation. A caller asked if it was time to start a position in the stock, and Cramer replied:

Absolutely not. I mean, I think it’s got maybe 10 points of a short squeeze on the upside, but this stock has a hundred written all over it. I’ve gotta tell you, Oracle’s probably the stock that, one of the… stocks I’m most worried about. I think they got into this data center building and it’s not their strength. And I can root for Oracle. I think Larry Ellison’s a pretty smart guy, but I don’t think it’s working, and I question the entire foray.

Photo by jason briscoe on Unsplash

Oracle Corporation (NYSE:ORCL) provides cloud and on-premise software, databases, and IT infrastructure to help businesses manage operations. A caller asked about the stock during the June 17 episode, and Cramer responded:

It’s got so much debt. See, that’s a problem… Like, Vertiv doesn’t have a lot of debt, or CoreWeave’s got a lot of debt. CoreWeave and Oracle are the two outliers. Man, they’ve got a ton of debt. You take your pick there. But you know what? If you want a little springload, I think… Oracle is fine. CoreWeave’s even more juiced.

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