The post Oracle’s $553 Billion Backlog Is Larger Than the GDP of Most Countries. It Also Grew 325% in a Year appeared first on 24/7 Wall St..
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Oracle (ORCL) merits a buy rating at $171.83 with record $553 billion remaining performance obligations signaling strong future revenue.
Oracle’s 531% multicloud database growth and $553 billion backlog funded by customers provide capital-light AI infrastructure annuity.
The analyst who call…