Jim Cramer’s Bold Predictions About These 15 AI Stocks

9. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders In Q3 2024: 91

Date of Cramer’s Comments: September 6th, 2024

Performance Since Then: 11.7%

Oracle Corporation (NYSE:ORCL), primarily an enterprise resource planning and computing play, has transformed itself into an AI computing resource provider. Its shares have gained 11.7% since Cramer’s comments. Oracle Corporation (NYSE:ORCL)’s shares have performed well as investors have rewarded the firm for setting up and acquiring computing resources that enable enterprise AI computing. The shares jumped by 14% after President Trump’s Project Stargate announcement and dipped by 11% during the DeepSeek selloff. Here is what Cramer said:

“Oracle has reinvented itself with an AI kicker to go with its regular enterprise software business. As of last quarter, it’s been performing exceptionally well, and I think they’re going to do it again. Oracle Corporation (NYSE:ORCL) could stop the tech blood flow.”