5 Best Technology Stocks That Outperformed in 2022

2. Oracle Corporation (NYSE:ORCL)

Year to Date Return as of December 14: -6.92%

Number of Hedge Fund Holders: 67

Oracle Corporation (NYSE:ORCL) is a leading database and enterprise software maker whose shares have declined 6.92% year to date as of December 14. Although its shares are lower, Oracle Corporation (NYSE:ORCL) has outperformed the market and many other technology stocks this year given the relative stability of its enterprise business where a significant percentage of the revenues are fairly recurring.

Analysts also expect Oracle Corporation (NYSE:ORCL) to earn $4.88 per share in 2023, $5.55 in 2024, and $6.33 per share in 2025.