Oracle Corporation (ORCL) Is Now Ripe for Investment

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Oracle Corporation (NYSE:ORCL) was the juggernaut of the Enterprise, Cloud and database solutions but we scarcely hear of its name in the hot companies these days. But the old giant may be getting up from its deep slumber.

 

In a program on CNBC, Melissa Lee and other experts talked about Oracle Corporation (NYSE:ORCL) stock and how the old tech giant still remains to be the behemoth in the Enterprise. The source said that Oracle Corporation (NYSE:ORCL) has lagged in the market for years because of the increasing competition, but it still has the audacity to beat the competitors. A comparison of Oracle’s performance was shown in the program, which showed that Oracle Corporation (NYSE:ORCL)’s all-time peak touched in 2000 is still the area where Oracle Corporation (NYSE:ORCL) is standing on these days. The company tumbled massively after its peak in 2000, but then came back strong and showed the signs of consistent growth and upwards trend. Oracle Corporation (NYSE:ORCL) has lagged the S&P and its own sector. Oracle Corporation (NYSE:ORCL) can come back to life it drastically changes its placement strategy in the dynamic markets of today.

Another expert in the program said that revenue growth for Oracle Corporation (NYSE:ORCL) has not been strong but the earnings per share have improved. Back in 2000, when Oracle Corporation (NYSE:ORCL) touched its all-time highs, the EPS was around 0.45 but now it’s above 2. An expert said that the price target for Oracle is around $52.

Oracle Corporation (NYSE:ORCL) has product curve problems. It is not diversifying its grasp on the market. Its competitors like Microsoft and IBM are paving their way up in the Enterprise.

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