Jim Cramer Says “Oracle Might Be Overspending on Data Centers”
Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer recently offered insights on. Cramer noted that the company has a “tremendous track record,” as he commented: “Oracle might be overspending on data centers, I would argue it definitely is, but worst case, they can sell some stock and offer a whole lot of corporate bonds. And remember, they have a tremendous track record… The hyperscalers, except for Oracle, have so much cash.” Image by Sergei Tokmakov Terms.Law from Pixabay Oracle Corporat ...