Oracle Corporation's rally was fueled by multiple expansion, not just earnings, as investors bet on Oracle’s unique position.
Have a look at the above chart and you'll see that if you invested $1,000 in Oracle stock 20 years ago, today your stake would be worth about $29,000 – good for an annualized total return of 18.2%.
We came across a bullish thesis on Oracle Corporation on Jordi Visser’s Substack. In this article, we will summarize the ...