Over the past few months, investors have been treating Oracle’s stock with caution. Reflecting fears of ballooning capital expenditures and the risk Oracle could lose its investment-grade credit rating, shares have plunged 48% from their September high.
But for investors willing to look past the next few quarters, Guggenheim Securities analyst John DiFucci argues that Oracle
ORCL is a rare “decade stock” that’s just getting started and is on track to deliver big gains for investors over the next 10 years.
Oracle’s stock could be a big winner for the next decade, according to this analyst. Here’s why.
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Over the past few months, investors have been treating Oracle’s stock with caution. Reflecting fears of ballooning capital expenditures and the risk Oracle could lose its investment-grade credit rating, shares have plunged 48% from their September high.
But for investors willing to look past the next few quarters, Guggenheim Securities analyst John DiFucci argues that Oracle
ORCL is a rare “decade stock” that’s just getting started and is on track to deliver big gains for investors over the next 10 years.
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