Why Jim Cramer Stands by Defense Sector and 19 Stock Calls

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7. Oracle Corporation (NYSE:ORCL)

Oracle Corporation (NYSE:ORCL) is among Jim Cramer’s recent stock calls as he urged investors to stand by the defense sector. Noting that the stock is “well off its 52-week high,” a caller asked if it is wise to add to their position given the stock’s “continuous decline.” Cramer replied:

This is a very, very tough one. It’s one of the hardest stocks to value because we don’t know exactly what their balance sheet’s going to look like. They are, they plunged into the data center build at a time when I think a lot of people were saying maybe it was not a great call. I want to see the quarter. I know it doesn’t happen till June, but I just don’t like what I see developing away from Oracle that makes me feel like that they are the guys I want to bank on. That’s the problem. I mean, I saw CoreWeave today. Those guys are so, so good, and even though that stock’s up a lot, I actually like that one more than I like Oracle.

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

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