We came across a bullish thesis on Oracle Corporation on techcache’s Substack by Joe Albano. In this article, we will summarize the bulls’ thesis on ORCL. Oracle Corporation's share was trading at $200.94 as of December 1st. ORCL’s trailing and forward P/E were 46.75 and 29.50 respectively according to Yahoo Finance.
Oracle Corporation (ORCL) reported a weak quarter, with revenue growth and guidance lagging peers such as Broadcom. However, a standout figure was its $455 billion cloud and AI-related backlog—up 359% year-over-year—signaling massive future demand. The surge...
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