Barry Schwartz Oracle ORCL-N TOP PICK Jun 24, 2016

Oracle was a little late pivoting from hardware to software, but have very deep pockets so they now own #4 in cloud. He targets $207.

Selling off with general selloff in tech. Great CEO.

Has been beaten down along with anything related to data centres, but was up 3.27% today. Its multiple has compressed so much that the stock is now cheap.

They report Wednesday. The stock plunged after their last report, but has surprisingly bounced back. He expect good revenue growth this growth, driven by data centres.

Hasn't had a chance to look closely at yesterday's earnings. Stock's at a 52-week, if not all-time, high today. Looks interesting, given the cloud space it's in. Not expensive at 2x PEG, with forward PE of 29-30x. Earnings growth rate ~16%.

Technically, meets his criteria. 200-day MA is trending higher, and price is above that. High beta, volatile.

Is seeing billions in orders to build data centres. It popped 4% today, up over 31% this year.

Is in the sweet spot, AI, and giving excellent results. Momentum is there. All systems go. The only negative is its valuation, but its momentum trumps that.

People think of it as legacy databases and old technology. Slowly emerging as alternative player in the cloud. Joint Stargate project is exciting, includes $500B infrastructure push. Low base rate, so this pivot provides a revenue acceleration opportunity in cloud.

Rolled all his option from the 8/22 expiration to the 8/29 expiry. Net credit of $16 at the same $237.50 strike.

Has tripled for him over 2.5 years, though has trimmed a little a few weeks ago only to manage risk. Is up 42% this year. Is key in the AI build-out long-term.