2023-09-17 09:15:00 ET
Oracle (NYSE: ORCL) and HP (NYSE: HPQ) are often considered reliable blue-chip tech stocks that are owned for stability and income instead of aggressive growth. I compared these two stocks last June and declared that HP's simpler business model, lower valuation, and higher dividend made it the better buy.
But since I made that call , Oracle's stock has risen 57% as HP's stock declined 16%. Let's see why Oracle outperformed HP by such a wide margin -- and whether it is likely to remain the better big tech investment over the next 12 months.
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Better Tech Stock: Oracle vs. HP