Will Oracle Be Worth More Than Alphabet by 2030?
Many investors might dismiss (NYSE: ORCL) as a slow-growth tech stock which is owned for stability and income instead of big, long-term gains. But over the past five years, Oracle's stock actually rallied 130% and generated a total return of 150% after including its reinvested dividends. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), which doesn't pay any dividends, posted a gain of 176% during the same period.
Oracle impressed investors with the expansion of its cloud ecosystem and big buybacks. However, its market cap of $316 billion still makes it a lot smaller than Alphabet, which is now worth $1.91 trillion. So could Oracle follow Alphabet into the 12-zero club and eclipse its market cap by the end of the decade?
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Source Fool.com
Oracle Corp. Stock
The stock is an absolute favorite of our community with 41 Buy predictions and no Sell predictions.
With a target price of 140 € there is a slightly positive potential of 9.31% for Oracle Corp. compared to the current price of 128.08 €.
