Why you should consider investing in Oracle, if you want AI exposure
If you are looking for a stock to invest in, that is expected to grow with AI depend rising, then hisvideo is for you.
Oracle $Oracle(ORCL.US$ is the worlds 4th biggest global cloud company and its growing at 50% per annum. I sat down with Vihari Ross, a Portfolio Manager with Antipodes, a global equities investment manager and Vihari shared her stock pick for 2024.
Oracle is not just loved by Antipodes, but also by most investment analysts and banks. Oracle’s shares are expected to grow at least 11% this year, according to market consensus.
But why does Oracle appear attract to Vihrai of Antipodes? Well it has vast amounts of data to train AI models and s primed to monetize AI effectively. Plus Oracle is also transitioning to the cloud, which means it can double its customer value, and see more growth than the market expects.
Vihari says Oracle has a compelling investment case, plus it's cheaper to buy than S&P 500 $S&P 500 Index(.SPX.US$ , in terms of its PE, and has faster growth.
For more on Antipodes, including its listed ETF, Antipodes Global Shares (Quoted Managed Fund) (ASX: $Antipodes Global Shares(AGX1.AU$ click here.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Moomoo Official Market Strategist
Investment strategist, featured on TV, radio, newspapers.
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