Was Jim Cramer Right About These 16 Stocks?

11. Oracle Corp. (NYSE:ORCL)

Number of Hedge Fund Investors: 107

Cramer admitted that he underestimated Oracle Corp. (NYSE:ORCL) after it reported weak earnings previously, selling the stock too early before it rebounded. But he still acknowledged its upside potential in AI. Here’s what he said back then:

“I didn’t do a good job on Oracle. They screwed up the quarter twice, and I decided I couldn’t take it anymore. And then they just totally delivered in that last quarter. […] Oracle probably is going higher. It’s still a very inexpensive stock.”

Oracle has been doing really well over the past year, having risen by 34.36% during this time.

In a recent episode which aired on the 7th of March, Cramer had this to say about the company:

“On Monday, Oracle is gonna report and… do it after the close. I bet they’re gonna have some really positive things to say. Now Oracle, a very good software company’s become a great data center company, which was terrific until we learned that some Chinese outfit could create high-quality AI models using … much less hardware. That’s a simplistic way to put it, but let’s just be honest, the AI stocks have never traded the same since China revealed its Deep Seek source of, let’s just say, of incredibly fast but much less expensive AI. Does it make sense that that’s the case? No, it just doesn’t but it, it certainly hurt the valuations of the semiconductor stocks.

Last night, Broadcom reported an amazing quarter. Its stock was just rewarded after the close. Then it got dragged down by that tech sell program I just mentioned before bouncing right back when it was that ridiculous, contrived program was over and it finished the day up more than 8%. But were you in there from the beginning to the end? Many people probably left at midday. This kind of accident’s become the norm. I expect Oracle to have almost as good a quarter as Broadcom and then do the same thing.”