
Why Oracle Is ‘The Sleeping Giant’ of the Cloud
Posted On November 8, 2019 1:13 pm
By: Steve Smith
By: Steve Smith
Once upon a time, there were two giant tech companies that battled for dominance in providing Fortune 1,000 businesses in what was then called ‘enterprise services’ software.
Their names are SAP (SAP) and Oracle (ORCL) and their shares enjoyed a meteoric rise in the years leading 1999 dot.com boom. And, while they certainly didn’t go bust, in fact, both stocks are neared all-time highs. The performance, since the 2009 financial crisis low, has lagged both the broader market and the slew of new cloud-based firms that have come on the scene since.
Companies like… Continue reading at StockNews.com
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