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Oracle Corporation (ORCL) Named Top Pick as Oppenheimer Lifts Price Target
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Oracle Corporation (NYSE:ORCL) is among the stocks with the best earnings growth for the next 10 years. On May 12, Brian Schwartz from Oppenheimer lifted the price target on Oracle Corporation (NYSE:ORCL) to $235 from $210 and reiterated an Outperform rating. While highlighting positive developments during the current quarter, which will strengthen its superior EPS compounder thesis, the firm named the company its top pick. What stood out most was the robust technology infrastructure spending disclosed in the first-quarter report from the company’s key customers, partners, and suppliers. Oppenheimer believes solid bookings growth in Q4 will be from OpenAI, Meta, NVIDIA, and federal government commitments. Additionally, a demand increase due to favorable seasonality for the broader Oracle Corporation (NYSE:ORCL) product offering will drive further growth. Indeed, ORCL is one of the stocks with the best earnings growth for the next 10 years. Back on May 4, IBM and Oracle Corporation (NYSE:ORCL) announced plans to expand their 40-year-long partnership to offer AI and hybrid cloud capabilities, with various integrated solutions scheduled for the remainder of 2026. The collaboration will integrate Oracle Fusion Cloud Enterprise Resource Planning and IBM Maximo Application Suite through a connector to help customers manage processes across several areas. Oracle Corporation (NYSE:ORCL) is a Texas-based company that provides solutions for enterprise information technology environments. Incorporated in 1977, the company offers Oracle Cloud SaaS, Oracle Health applications, Oracle Cloud and on-premises licenses, and Oracle license 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. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.
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