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The fact remains: oracle’s performance s---s and is not sustainable and people are talking about it
The Motley Fool clearly likes its board members to come from successful, growing companies, just as those who invest hope to buy stock in successful, growing companies.
Why doesn’t Oracle have a seat at that table? I doubt the answer is flattering to execs.
No matter how much lipstick you put on this pig, it’s still an ugly pig
When the Oracle of Omaha dumps two classic tech stocks for similar reasons, investors should take note.
Oracle is an aging tech company that lacks real growth engines and repeatedly props up its earnings with buybacks. It's stuck in the same downward spiral as IBM used to be, and it lacks the motivation of IBM under Ginni Rometty to break the cycle. Therefore, I'd avoid Oracle and stick with stronger tech companies -- like Amazon or Microsoft -- even though they trade at higher valuations.
The New Oracle Looks Like the Old IBM
The tech giant buys another earnings beat as its revenue growth stays sluggish.
Leo Sun (TMFSunLion)
Jun 20, 2019 at 5:00PM
Oracle's (NYSE:ORCL) stock recently popped after the tech giant's fourth-quarter numbers beat Wall Street's expectations. Its revenue rose 1% annually (4% on a constant currency basis) to $11.1 billion, beating estimates by $210 million.
Its adjusted net income rose 3% to $4.1 billion, while its adjusted earnings per share -- boosted by buybacks and a lower tax rate -- surged 22% to $1.16 and beat expectations by $0.08. Those growth rates looked decent, but the headline numbers mask some serious issues with the aging tech company.
The New Oracle Looks Like the Old IBM -- The Motley Fool
https://www.fool.com/investing/2019/06/20/the-new-oracle-looks-like-the-old-ibm.aspx
https://finance.yahoo.com/news/oracle-looks-old-ibm-210000672.html
It is an article by The Motley Fool. Yahoo has nothing to do with it other than maybe they reposted it.
In other words, most of Oracle's revenue growth can be attributed to an accounting standard change. Its cloud-based businesses, once touted as the company's core growth engines, clearly aren't offsetting the softness of its legacy database and business software businesses.