|Day's Range||50.07 - 51.83|
|52 Week Range||37.62 - 51.85|
|PE Ratio (TTM)||24.10|
|Dividend & Yield||0.64 (1.26%)|
|1y Target Est||N/A|
Oracle shares are soaring, and Larry Ellison is richer than ever.
As an investment theme, cloud computing used to be greeted with skepticism. The poster child of that progression is Oracle (ORCL), which last week wowed Wall Street with a financial report that put to rest fears of the company being rendered obsolete by cloud computing. You can buy shares of Oracle for 16 times next fiscal year’s earnings and get a little cloud “exposure,” as they say, instead of spending 49 times projected earnings for the top cloud company, Salesforce (CRM), one of Oracle’s chief rivals.