Jim Cramer’s Game Plan For This Week: 7 Stocks in Focus

2. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders: 124

Oracle Corporation (NYSE:ORCL) is one of the stocks in focus in Jim Cramer’s game plan for this week. Cramer warned that if the company posts good numbers, it may still trigger profit taking. He commented:

“Tuesday, Oracle reports, and for the longest time, Oracle could do nothing right as a software company. But ever since it reinvented itself, or more accurately, ever since Larry Ellison and software… turned the place into a data center kingpin, it’s been doing nothing but net. You saw some of that excitement today when Oracle stock jumped more than nine bucks on news of a further expansion in their data center strategy.

Remember, right now, the market’s turned fickle, so it’s entirely possible that a good set of numbers will spur profit-taking in Oracle’s smoking hot stock. Unless the results are truly incredible, like the aforementioned Broadcom, which delivered amazing numbers last night, it may not be enough to move the needle.”

Oracle Corporation (NYSE:ORCL) provides cloud software, databases, infrastructure technologies, and hardware solutions. The company also delivers AI, machine learning, IoT, and blockchain capabilities, along with consulting, support, and hardware services.