Still holding mine since 2010... Buybacks, a decent dividend, and tons of engrained relationships with Fortune 500 companies means there's no way this stock is going to drop 20% in the forseeable future.
Think Wall Street will like the partnership with MSFT that they will tout today!
OP is obviously clueless. I've got a mortgage trust stock with a 12% dividend. You should move your money to something that is producing revenue for you. Oracle has been essentially flat and no real dividend to speak of.
At least until it crashes like all other pumped up stock before it. Not w question of if; just when!
what news on CLOUD revenues later today? they don't separate those revs out anymore so it is impossible to know the true deceleration after all of the DOAs expire. haha
Holding oracle stock rather than the stock of any number of much more successful an innovative technology companies is just plain dumb. Look at how the stocks of MSFT, SFDC, Google, FB, Amazon have exploded in value and therefore how much money you have not made by holding oracle stock instead.
Considering the huge legacy footprint for the DB nothing dramatic is likely to happen. However where is the growth going to come from?
Is Oracle nearer to being a Microsoft or an IBM?
T-b-cco stocks with there high divs have historically been good investments, but I'm not sure I'd want to work for one or be a customer.
Big news coming on cloud this earnings.... We'll see 60+ after hours.
It might not drop 20% but its also unlikely to rise much either.
Oracle has risen 100% since 2010. While most other companies in the same sector have risen 500%.
On pure financial analysis, your money would be better placed elsewhere.