Oracle Corp (ORCL) stock saw unusual volume in out-of-the-money put options, possibly signaling a contrarian buy opportunity. Stock closed at $188.65 on Dec. 16, after a recent low. Despite recent negative free cash flow, operating cash flow margins are high. Analysts project significant revenue growth, potentially leading to a target price of $200 in the next 12 months. ORCL appears undervalued based on cash flow and analyst target prices.
Read more at Barchart: Oracle’s Unusual Put Options Activity – A Contrarian Signal
