Is Oracle (ORCL) One of the Best American AI Stocks to Buy?

Oracle Corporation (NYSE:ORCL) is one of the 10 Best American AI Stocks to Buy According to Analysts. On October 17, BMO Capital reaffirmed its Outperform rating on Oracle Corporation (NYSE:ORCL) with a price target of $355.

BMO Capital highlighted that Oracle Corporation (NYSE:ORCL) shared its fiscal year 2030 revenue and EPS targets. The company now expects to achieve a total revenue of $225 billion and EPS of $21 for fiscal year 2030. BMO Capital noted that the company’s forecast exceeded investor expectations.

The firm also pointed out that Oracle Corporation (NYSE:ORCL) is one of the few companies that provides long-term guidance to investors.

BMO Capital remains positive about Oracle Corporation’s (NYSE:ORCL) future. The firm believes that the company is positioned strongly to leverage its mix of applications, data platforms, and cloud offerings.

Oracle Corporation (NYSE:ORCL) is an American multinational computer technology company specializing in database software, cloud infrastructure, and enterprise software solutions. The company offers one of the industry’s broadest and deepest suites of AI-powered cloud applications.

While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 11 Best American Semiconductor Stocks to Invest In and 12 Best Fintech Stocks to Buy According to Analysts.

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