Oracle Is Becoming Prominent Again

About: Oracle Corporation (ORCL)
by: High Watermark Investments
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While the company has been in the news for TikTok, we think Oracle presents a robust long-term play.

In addition to OCI becoming accepted by the industry, the company's Cloud@Customer has shown promise to help accelerate overall growth.

Cloud@Customer is also likely to help tide over Oracle's legacy business growth pangs by offering the on-premise customers a chance to update their on-premise databases to Oracle's Autonomous Database.

The visible sales momentum across businesses gives us confidence that the company can deliver stellar returns over the next few quarters.

Oracle (ORCL) has been lagging its peers due to lackadaisical revenue growth. The last couple of years have been particularly torturous given the company's foray into the cloud has not resulted in much