Oracle Corp (NYSE:ORCL) is a stock to watch in September, with shares soaring after reporting quarterly results. The company anticipates booked revenue to surpass $0.5 trillion, driven by demand for enterprise databases and ERP software from clients like banks and hospitals. Goldman Sachs notes that the demand for compute is propelling Oracle’s growth.

Loomis Sayles Growth Fund praises Oracle Corporation (NYSE:ORCL) for its leadership in enterprise software, with strengths in database, infrastructure, application software, and cloud services. The company’s competitive edge lies in its experienced sales force, founder-driven management, and high client retention rates. Positioned to benefit from data storage growth and cloud solutions, Oracle remains a strong player in the market.

Read more at Yahoo Finance: Analyst Explains The Reason Behind Oracle’s (ORCL) ‘Booming Business’