We recently published Jim Cramer Insisted Recent AI Chip Selloff Wasn’t A Bottom & Discussed These 17 Stocks.
Oracle Corporation (NYSE:ORCL) is one of the stocks discussed by Jim Cramer
Oracle Corporation (NYSE:ORCL)’s role in the AI ecosystem has meant that Jim Cramer hasn’t held back when discussing the firm. His morning co-host, David Faber, was the first to break the news about the firm’s troubles with the credit market. Oracle Corporation (NYSE:ORCL)’s stock has been among the most volatile on the market.
It is down by 40% over the past year and by 28% year-to-date. Blair discussed the firm on July 1st as it added it to its conviction list. The financial firm remarked that Oracle Corporation (NYSE:ORCL)’s cloud backlogs indicated its position in the AI infrastructure industry and provided visibility into its revenue.