Better Buy: International Business Machines vs. Oracle

Better Buy: International Business Machines vs. Oracle

Though these two tech industry behemoths share a number of similarities, Oracle (NYSE: ORCL) shareholders have certainly enjoyed 2017 more than IBM (NYSE: IBM) owners. If not for IBM's recent stock price pop following its third-quarter earnings report, the disparity would be even greater.

Oracle shares are up 29% this year while IBM has meandered its way to a 2.5% loss. But both are transitioning away from legacy hardware sales, and both are laser-focused on their plans to capture major shares of the cloud, artificial intelligence (AI), and software-as-a-service (SaaS) markets. But given their current valuations and long-term prospects, which is the better buy today?

Image source: Oracle.

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Source: Fool.com