Better Artificial Intelligence (AI) Stock: Oracle vs. Dell Technologies
The proliferation of artificial intelligence (AI) turned out to also be a boon for some legacy tech companies looking for their next big growth driver. Stalwarts like (NYSE: ORCL) and Dell Technologies (NYSE: DELL) have gained impressive momentum on the stock market of late.
Share prices of Oracle, which made its name selling database software, are up 34% so far in 2024. Dell Technologies, which is in the unfashionable business of selling computers and servers, has delivered stunning stock price gains of nearly 90% so far this year.
How did AI help reignite investor interest in these stocks? More importantly, which one of these tech giants should you consider buying right now to capitalize on the AI boom? Let's try and find some answers.
Source Fool.com
Oracle Corp. Stock
The stock is one of the favorites of our community with 41 Buy predictions and 1 Sell predictions.
With a target price of 139 € there is a slightly positive potential of 7.79% for Oracle Corp. compared to the current price of 128.96 €.