Is Oracle’s Stock Overvalued?
- Wednesday, January 6, 2021, 7:11
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At the current price near $64 per share, we believe Oracle’s stock has reached its near term potential. ORCL stock has risen 19% in FY 2021 (FY ends in May) compared to the S&P 500 which has increased by 22% in the same period. Oracle saw revenue rise by 2% in the first 2 quarters of FY 2021…