Up 40% in the Last Year, Is It Too Late to Buy Oracle Stock?
Perhaps it's time to start taking old tech giant Oracle (NYSE: ORCL) more seriously in the public cloud market. While cloud infrastructure providers like Microsoft Azure and Amazon Web Services continued to report slowdowns in growth to kick off 2023, Oracle's cloud platform is sizzling. Shares are up some 40% in the last year, bringing Oracle stock close to all-time highs last reached in late 2021.