1 Unstoppable Stock to Buy Before It Joins Broadcom in the $1 Trillion Club
Written by Harsh Chauhan for The Motley Fool -> Oracle stock has rallied impressively over the past couple of months, and its upcoming earnings report could give it a nice boost. The stock's valuation, massive backlog, and earnings growth potential indicate that it could very w
Oracle stock has rallied impressively over the past couple of months, and its upcoming earnings report could give it a nice boost.
The stock's valuation, massive backlog, and earnings growth potential indicate that it could very well become a member of the $1 trillion club.
Broadcom is one of the leading players in the artificial intelligence (AI) infrastructure space, as it designs custom AI chips in high demand from hyperscalers.
Broadcom stock has jumped by 388% over the past three years, and it has a market capitalization of well over $1 trillion. The good part is that investors can still buy it as it has terrific room for growth . However, there's another AI infrastructure stock that has been witnessing a phenomenal surge in its stock price of late and has the potential to reach a market cap of $1 trillion.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
The company I'm talking about here is Oracle (NYSE: ORCL) , which currently has a market cap of $614 billion. Let's see why Oracle could soon join Broadcom in the $1 trillion market cap club.
Oracle is scheduled to release its fiscal 2026 fourth-quarter results after the market closes on June 10. The stock jumped impressively three months ago after reporting its fiscal Q3 results, driven by a beat-and-raise report.
Oracle's revenue and earnings exceeded expectations, and it also raised its full-year guidance for fiscal 2027. It is worth noting that Oracle stock has found some momentum lately. It has jumped by 47% since the beginning of April, and the good part is that it still trades at an attractive 27 times forward earnings, while the tech-focused Nasdaq Composite index has an average earnings multiple of 40.
