PMETF - MoneyShow's Best Investment Ideas For 2024: Part 7

2024-02-02 09:30:00 ET

Summary

• MoneyShow presents top investment ideas for 2024 from their contributors.
• This year’s edition presents a broad mix of conservative income stocks, more speculative but potentially more rewarding growth stocks, as well as ETF recommendations that target commodities, cryptocurrencies, and fixed income.
• Part 7 of this series includes Oracle, Petrobras, Polaris, Realty Income and ResMed, among others.

MoneyShow’s top contributing analysts, strategists, and newsletter editors share their investment recommendations for the year ahead. See Part 6 here .

Oracle

By Larry Cheung, Founder of Letters from Larry

Oracle ( ORCL ) is a leader in on-premises relational database technologies and enterprise resource planning (ERP) software. With its strong customer base and technological expertise, Oracle aims to capitalize on cloud opportunities and strategic partnerships, like with Microsoft ( MSFT ), to bolster its position against giants like Amazon ( AMZN ).

Oracle is navigating a pivotal transition period as it shifts focus towards cloud-based solutions. And this transition, while challenging, is crucial for maintaining its competitiveness against dominant cloud players.

Oracle’s reaffirmed FY26 targets, including $65 billion in revenue and a >10% EPS CAGR, indicate a strategy focused on cloud growth and operational efficiency. Its strengths include a substantial installed customer base and a reputation for high-quality database technologies, integral to many enterprises....

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