PLTR - Oracle: I Like The Palantir Partnership

2024-04-21 15:07:30 ET

Summary

• Oracle's strong positioning in the AI database market and partnership with Palantir allows them to leverage the rapid expansion of the AI sector.
• Oracle's recent earnings show continued growth and beat expectations, making the stock an attractive buy.
• The Palantir partnership is expected to accelerate growth for both companies and solidify Oracle's position in the AI cloud database market.

Investment Thesis

As Oracle (ORCL) continues to build out its position as one of the leaders in the AI database market, particularly in advanced database structures built for vector databases that store mountains of data for Large Language Models (LLMs), I believe that the company’s strong positioning in the generative AI race including through its Oracle Database 23c system, allows them to strategically leverage the rapid expansion of the AI sector, which is projected to balloon....

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