Oracle (ORCL)’s Got To Find A Huge Amount Of Money,” Says Jim Cramer

We recently published Jim Cramer Discussed These 25 Stocks In An Important Show About AI Spending. Oracle Corp (NYSE:ORCL) is one of the stocks Jim Cramer recently discussed.

Cramer and co-host David Faber spent quite some time discussing Oracle Corp (NYSE:ORCL) on the show. The firm is a key player in the ecosystem as it hosts computing capacity in the form of NVIDIA’s GPUs. These GPUs are used by firms such as OpenAI, and Oracle Corp (NYSE:ORCL)’s capacity is built on assumptions of the future demand for AI software products and services. During the show, as we discussed in our introduction to this piece, Faber outlined a startling figure about Oracle Corp (NYSE:ORCL)’s credit default swaps. After his co-host pointed out that Oracle Corp (NYSE:ORCL) was committing to $300 billion of spend while having much lower EBITDA, Cramer responded:

Oracle(ORCL)'s Got To Find A Huge Amount Of Money," Says Jim Cramer

“When I was up in school yesterday, anybody, all I know people want to talk about is, who has enough money to afford it. And I come back and I said, everybody but Oracle. Oracle’s got to find a huge amount of money. And I don’t know where they get it.”

While we acknowledge the risk and potential of ORCL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ORCL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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