Oracle Corporation (ORCL): I Was "Thrilled" To Hear Reports About Discounts, Says Jim Cramer

We recently published 11 Stocks Jim Cramer Just Discussed As He Shared Why Stocks Are Rising. Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer recently discussed.

Oracle Corporation (NYSE:ORCL) is an enterprise software and cloud and AI computing infrastructure company that has quietly shaped itself to become one of the most crucial companies in the technology industry. Its shares have gained 41% year-to-date, primarily due to a 22% jump in June. Oracle Corporation (NYSE:ORCL)’s stock rose after the firm’s fiscal fourth quarter report saw it guide $67 billion in revenue for its fiscal year 2026. Cramer discussed the firm in the context of a report that suggested that it was offering the government discounts for enterprise software:

“I was thrilled to see that. Wow. I mean, how great to offer that. I think that was, I was shocked at that. Look when they from 105 to 110, when they went to this level, to say that they’re anything other than unbelievable, Larry Ellison, Safra Catz, they’re just extraordinary. They’ve created a huge amount of wealth for people. Huge. Yeah I mean Safra, I had Safra on and she was talking a really big game and I said come on Safra, don’t say that unless you mean it. And she meant it. And good for her.”

Previously, Cramer discussed Oracle Corporation (NYSE:ORCL)’s announcement of a major contract through an SEC filing which had led to a 3.9% share price jump:

“So Safra Catz this morning, the CEO of Oracle, comes out this morning and says things are even better than you think. So here’s a stock that is up 14, that’s not trading with the Fed, that’s trading with Oracle having a new business model from 110 to 223. That’s of great interest to many of our viewers because they made a lot of money.

“[On a recent 8K filing] Well what it says is again, the data center is alive and well and you’re gonna see all the data centers stocks keep going up. Okay so this is a secular trend, that is so important that again if we decide you can’t buy it cause of tariffs, July 9th, then you miss a very huge gain. I would say, that’s new information. I don’t know who it is. David, for all I know it’s a private equity company [a new client].

“[On how the 8K came with a disclosure that the contract it mentioned won’t affect the firm’s guidance provided on June 11th] Well that’s what matters. . . that’s not good. People are going nuts for something they shouldn’t be. It should be no different today. . .”

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Disclosure: None. This article is originally published at Insider Monkey.