Is Oracle Corporation (ORCL) The Best American Tech Stock To Buy Now?
From Yahoo Finance: 2025-04-15 15:04:00
American tech stocks saw a rise on Monday as President Trump’s tariff news affected the market. The S&P 500, Nasdaq, and Dow Jones Industrial Average all increased. Despite this, uncertainty looms as tariffs on China and specific industries remain in question. Wall Street prepares for potential ups and downs due to tariff speculation.
Oracle Corporation (NYSE:ORCL) ranks among the best American tech stocks to buy now. With 105 hedge fund holders, Oracle offers a wide range of business-oriented products and services, including Oracle Database and AI-powered cloud applications. Analysts believe Oracle Cloud Infrastructure (OCI) is experiencing significant growth, with annualized revenues reaching $10.6 billion in fiscal 2025 Q3.
TD Cowen recently maintained a “Buy” rating on Oracle Corporation (NYSE:ORCL) with a price target of $210. Analysts visited the company’s data center in Salt Lake City and were briefed on its cloud infrastructure and AI strategy. Oracle’s strong demand for AI, plans to expand GPU cluster capabilities, and efficient infrastructure make it a promising investment, positioned uniquely in the market.
ORCL ranks 12th on the list of best American tech stocks to buy. While Oracle shows promise as an investment, some AI stocks may offer higher returns within a shorter timeframe. For those seeking an AI stock trading at less than 5 times its earnings, a report on the cheapest AI stock is available. Consider exploring alternatives to ORCL for potential investment opportunities.
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