Prediction: 2 Stocks That Will Be Worth More Than Oracle 2 Years From Now
Alibaba and Strategy could eclipse the blue-chip tech stock's market cap by 2027.
Oracle's (NYSE: ORCL) stock price rallied 85% over the past two years, outperforming the S&P 500's 45% comparable gain and boosting its market capitalization to $420 billion. That rally was fueled by the growth of its cloud and AI businesses.
Oracle was once considered a slow-growing database software provider, but it transformed a lot of its on-premise software into cloud-based services over the past decade. It also acquired a lot of higher-growth companies, including NetSuite and Cerner, to accelerate that strategy as it expanded its own cloud infrastructure platform.
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