14.12.2024 09:25:00
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Artificial Intelligence (AI) Cloud Spending Is Set to Surge Once Again in 2025. Here's 1 Stock to Buy Before That Happens.
Oracle (NYSE: ORCL) has been a solid performer on the stock market so far this year with impressive gains of 80% as of this writing. But its impressive rally has come to a halt following the release of the company's fiscal 2025 second-quarter results (for the three months ended Nov. 30) on Dec. 9 as its numbers fell shy of Wall Street's expectations.Shares of the company that has witnessed a nice acceleration in its business thanks to the booming demand for its cloud infrastructure to serve artificial intelligence (AI) workloads were down more than 8% in pre-market trading on the day following its earnings release. However, a closer look at Oracle's performance last quarter and the healthy growth that the company recorded in a key metric suggest that investors may be missing the bigger picture.Let's take a closer look at Oracle's numbers in this article and check why buying this stock right now could turn out to be a smart move for 2025, as well as the long run.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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