12 Safest Stocks to Buy According to Hedge Funds

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8. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders: 91      

Oracle Corporation (NYSE:ORCL) offers products and services that address enterprise information technology environments worldwide. This company stands as a top investment choice for a variety of reasons. Firstly, the company has demonstrated impressive dividend growth with 10 consecutive years of increases, surpassing the sector median of 1.7 years by 495%. Secondly, El Paso Electric is using an integrated data access solution from Oracle and UtilityAPI that meets the Green Button Download My Data (DMD) and Connect My Data (CMD) certification requirements. The offering enables residential customers to opt in to automate the secure transfer of their utility energy usage data to authorized third-party vendors. Moreover, AI agents and generative AI capabilities within Oracle Fusion Cloud Sales aim to help sales teams create more meaningful engagements and accelerate sales processes.

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