Jeff Auxier Comments on Oracle

- By Holly LaFon

Oracle (ORCL)'s cloud revenue growth of 44% drove performance for the quarter. They will soon deliver the Oracle Autonomous Database in the Oracle Cloud claiming it to be 10x faster at less than half the cost of running a database in the Amazon Cloud. The fully-autonomous database will not require any human labor for administration, will detect security vulnerabilities and patch itself immediately while running, and will reduce planned and unplanned downtime to less than thirty minutes per year.

• Warning! GuruFocus has detected 4 Warning Signs with ORCL. Click here to check it out.

• ORCL 15-Year Financial Data

• The intrinsic value of ORCL

• Peter Lynch Chart of ORCL

From Jeff Auxier (Trades, Portfolio)'s fourth quarter 2018 shareholder letter.
This article first appeared on GuruFocus.

• Warning! GuruFocus has detected 4 Warning Signs with ORCL. Click here to check it out.

• ORCL 15-Year Financial Data

• The intrinsic value of ORCL

• Peter Lynch Chart of ORCL