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Oracle Misses in Q4 But Bookings Performance and Outlook Strong

publication date: Jun 12, 2024
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Image: Oracle’s shares have done quite well since the beginning of 2023, and management’s outlook speaks to continued strength. 

We liked Oracle’s cash flow performance for fiscal 2024 and outlook for not only fiscal 2025 but also its positive commentary associated with the momentum it has built for fiscal 2026. We continue to like Oracle as an idea for the Dividend Growth Newsletter portfolio and ESG Newsletter portfolio. Shares yield ~1.3% at the time of this writing.


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