Oracle Jumps Past $100 For First Time Ever | ORCL Stock Analysis
Oracle (ORCL) is surging today, trading above $100 for the first time ever following the company's robust Q2 (Nov) earnings report. After posting a decent result in Q1, Oracle bounced back nicely in Q2 despite facing FX headwinds as the dollar rose. I remain a fan of Oracle; when the stock traded lower following the company's release of Q4 earnings in June, I said I believed it created a nice entry point. The stock is up 33% since then.
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