It briefly dipped below $115. Is it worth purchasing 100 shares and holding for the next 3 years?
>oracle>owned by Larry Ellison youre right, its time i join the winning team for once and stop dealing in the real world
>>62545648>20 p/e>immense debt which they blew on AI crap>their circlejerk with nvidia and openAI means nothing nowThey are another IBM or SAP just with extra debt and better connections to current admin. Buy if you want to watch it crab and pay 1.5% dividend for years, and that's the best case. I won't touch it until it goes below 100.
>>62545648meme company
>>62545648It's a super shitty company, both as an employer and as a business, that became part of the datacenter hype for a bit but that's it. It's still shit and will go way lower once the AI circlejerk stops and they are left with the huge debt they have taken in.
>>62545648renting out cloud infrastructure is a stupid business model. just look at all the random pajeet vps providers. there is no way a company like oracle that pays for a jewish adult daycare can compete with all the neets, indians, and slaves that control the webhosting market. the big companies that do it well have durable differentiators. cloudflare has it's trade secret ddos protection. microsoft has marketing baked into the operating system itself to sell you on azure. oracle legacy products are all dead. this data center push is a hail mary move to save the company from bankruptcy.
