Oracle stock is rallying to new highs, boosted by the company's optimistic outlook for robust earnings and revenue growth over the next 5 years. This rapid growth in ORCL stock has made Larry Ellison the world's third wealthiest man. If you're surprised by that, just know that we were, too. Frankly, Oracle is a company that gives us IBM vibes - used to be relevant, but isn't so relevant anymore. Today, we'll look at what Oracle actually does, how they compete with one of our own tech holdings, and how they can manage to see such amazing growth projections.
Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/c61x8hQNH5A.