11 Best Enterprise Software Stocks to Invest In

4. Oracle Corp. (NYSE:ORCL)

Number of Hedge Fund Holders: 91

Oracle Corp. (NYSE:ORCL) is a software provider that offers comprehensive cloud solutions through Oracle Cloud Infrastructure (OCI), which provides a suite of cloud services, including computing, storage, and networking capabilities. Furthermore, its Roving Edge Infrastructure extends cloud capabilities to remote locations, enabling real-time data processing and analysis in limited connectivity.

Cloud services and license support segment encompass a range of offerings, including cloud computing services like Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), as well as the ongoing support and maintenance services associated with the company’s software licenses.

Cloud services, particularly within OCI, grew due to the increasing demand for AI workloads, the company’s competitive pricing and performance advantages, and the flexibility offered by its diverse deployment options. License support plays a vital role in ensuring the smooth and uninterrupted operation of Oracle software for customers.

In FQ2 2025, this segment generated $10.8 billion in revenue, reflecting a 12% year-over-year increase. This made up 77% of the total revenue generated in this quarter. This integrated approach enables Oracle Corp. (NYSE:ORCL) to meet the diverse needs of its customers, from providing cutting-edge cloud solutions to ensuring the seamless operation of their existing software investments.

Parnassus Value Equity Fund stated the following regarding Oracle Corporation (NYSE:ORCL) in its Q3 2024 investor letter:

“Oracle Corporation (NYSE:ORCL) announced second-quarter results that exceeded consensus expectations, driven by growth in its cloud infrastructure business, which is benefiting from demand for AI applications. Investor sentiment was further bolstered by the company’s announcement of a new partnership with Amazon.”