study of ORCL
02/20/2021 – worthwhile to study this. The IV of ORCL LEAP is 40%, very low. Should I buy some?
Oracle Is Turning Into a Cloud Giant. Why Its Stock Is a Buy
A new giant is starting to flex its muscles in cloud computing. And it isn’t some upstart—it’s a company that you think you know, hiding in plain sight.
We’re talking about Oracle (ticker: ORCL)—yes, Oracle—the software powerhouse co-founded in 1977 by Larry Ellison, Silicon Valley’s evil genius. He built Oracle in his own image, with an aggressive sales team and a ferocious competitive style. The approach worked well for a long time, until Oracle got mired in a rut.
That is about to change.
Like another legacy tech giant, Microsoft (MSFT), which was in a similar position about a decade ago, Oracle has been able to reinvent itself for the cloud-computing era. It is betting bigger on a cloud-only version of its core database software business. Already, it has had strong revenue growth in cloud enterprise applications. The juiciest opportunity is Oracle’s public cloud offering, which is taking on Amazon.com (AMZN), Microsoft, and Alphabet (GOOGL) in a market arguably worth trillions of dollars.
