Oracle Skyrocketed Based on Its AI Outlook. Is It Too Late to Buy the Stock? @themotleyfool #stocks $ORCL

Oracle Skyrocketed Based on Its AI Outlook. Is It Too Late to Buy the Stock? @themotleyfool #stocks $ORCL

Key PointsWhile Oracle's latest quarterly results narrowly missed expectations, the company saw a big surge in contract signings in the period.The company expects its cloud infrastructure revenue to increase more than tenfold in the next five years. To meet the rising demand for its services, Oracle will have to spend a lot of money to build out its data center capacity. 10 stocks we like better than Oracle › It's not often that a stock absolute…