Will an AI Software Trend Deliver Oracle Stock Price Boost?
With software being considered by many to be the next phase of growth in the AI sector, could Oracle’s stock (NYSE:ORCL) be one of those to emerge from the pack?
The ORCL stock price has quietly gained 64.98% year-to-date, delivering a 2-to-1 outperformance on the broader market. The company continues to attract investors as a top choice in the enterprise software market, with the efficiencies found in AI thought to amplify performance in the year ahead. The company’s robust performance, particularly in cloud services, makes it a strong contender for those looking to invest in this burgeoning sector.
The global enterprise software market is valued at $263.79 billion in 2024 and is projected to grow at a compound annual growth rate…
