Oracle Corporation (NYSE:ORCL) was among the stocks on Jim Cramer's radar on Mad Money, as he advised investors to care about where a stock is going, not where it has been. During the episode, a caller inquired about the stock, and Cramer replied:
It's got so much debt. See, that's a problem… Like, Vertiv doesn't have a lot of debt, or CoreWeave's got a lot of debt. CoreWeave and Oracle are the two outliers. Man, they've got a ton of debt. You take your pick there. But you know what? If you want a little springload, I think… Oracle is fine. CoreWeave's even more juiced.
Image by Sergei Tokmakov Terms.Law from Pixabay
Oracle Corporation (NYSE:ORCL) provides cloud and on-premise software, databases, and IT infrastructure to help businesses manage operations. During the June 5 episode, a caller asked if Cramer sees the stock returning to its all-time highs, and he responded:
Okay, I think that last quarter was very good, and people were betting against Oracle. I think that's a ****** mer bet. I think that you should go with Oracle. I wish they'd get rid of Cerner and just take the… charge.
It's got so much debt. See, that's a problem… Like, Vertiv doesn't have a lot of debt, or CoreWeave's got a lot of debt. CoreWeave and Oracle are the two outliers. Man, they've got a ton of debt. You take your pick there. But you know what? If you want a little springload, I think… Oracle is fine. CoreWeave's even more juiced.
Image by Sergei Tokmakov Terms.Law from Pixabay
Oracle Corporation (NYSE:ORCL) provides cloud and on-premise software, databases, and IT infrastructure to help businesses manage operations. During the June 5 episode, a caller asked if Cramer sees the stock returning to its all-time highs, and he responded:
Okay, I think that last quarter was very good, and people were betting against Oracle. I think that's a ****** mer bet. I think that you should go with Oracle. I wish they'd get rid of Cerner and just take the… charge.
4 months ago
