Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer shed light on. Cramer discussed the company’s deal with OpenAI, as he commented:
“Wall Street Journal is questioning Oracle for relying on a squishy number, a $300 billion five-year agreement with again OpenAI. Oracle didn’t formally announce the contract, but it put it in what’s known as the remaining performance obligation line, which for many means it’s basically a done deal. Some of us regard that as almost cash in the bank. Boy, do we look silly.
Photo by Chris Liverani on Unsplash
Oracle Corporation (NYSE:ORCL) provides cloud and on-premise software, databases, and IT infrastructure to help businesses manage operations. The company also offers hardware, consulting, and support services.
While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
