This iconic company, which is lying low, may enter the $1 trillion club; which company is it, and what's the logic?
AI stocks too, they are all the more important. Nvidia, TSMC and Broadcom are some of the AI stocks that are in its glorious heydays for the last couple of months, showing tremendous growth, backed by their neck-deep AI ventures. However, there is one more AI stock that is rising steadily and could soon the join the list of AI elites if everything goes alright.
Oracle's market cap could see a great jump in coming days
According to The Motley Fool's report, Oracle, which is staring at a $457 billion market cap at this moment, looks well suited to touch the $1 trillion mark if the stock plays all its card right. For example, Nvidia, TSMC and Broadcom also started this race right from where Oracle currently is, and backed by the AI wave, simply kept growing as if there was no tomorrow.
Will Oracle join the AI elites in 2 years?
If one takes a 2-year window in this aspect, there are major chances Oracle may end up dominating the AI market and join the top stocks list. Meanwhile, the company's recent business performance and long-term vision is evidence enough that the accelerating demand for AI will fuel additional growth for years to come.
FAQs:
Is Oracle's stock seeing a recent jump? Oracle has shown some good improvement in its stock prices in recent days, and its AI-based development is having a crucial part to play in it.
Is Oracle a good stock? Oracle is considered one of the most important and noteworthy stocks of the US stock market and has at times, given great returns to its investors as a top tech stock.
