Is Oracle (ORCL) Still Attractive After Its Strong Multi Year Share Price Rally
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If you are wondering whether Oracle’s current share price still offers value after a long run, this article will help you weigh what the numbers are really saying.
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Oracle closed at US$193.75, with a 7 day return of 1.8% decline, a 30 day return of 11.0% decline, a year to date return of 1.0% decline and a 1 year return of 20.8%, while the 3 year return is 131.6% and the 5 year return is 231.5%.
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Recent attention on Oracle has been shaped by ongoing discussion of its role in cloud software and databases, as investors assess how its offerings stack up in a competitive sector. In addition, broader market conversations about large software companies and their positioning in enterprise technology have also kept Oracle on many…
