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Two Updates: Oracle Corp & Dell Inc.

  • Writer: Lester Davids
    Lester Davids
  • Jun 13
  • 1 min read

Research Notes For 09 to 13 June > https://www.unum.capital/post/r0913june

Trade Local & Global Financial Markets with Unum Capital.

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  • Last night, Oracle Corp has rallied to an all-time.

  • In September, Dell Inc. The share rallied from $115 to $145 before retreating.

  • Previous Post: Offshore: The Stock Reminds Me of Oracle - Thursday, 12 September 2024

  • Real-Time: 19h07 (South African Time) / U.S Trading Session

  • Just over 12 months ago I presented Oracle Corp as a buy/long opportunity.

  • Over the period, the share has proceeded to print all-time highs at $162 from the suggested entry of $117.

  • DELL Technologies is a beneficiary of the boom in Artificial Intelligence (AI) and the pullback offers an opportunity to participate in a potential new leg higher.

  • Buy Idea

  • Entry at $112.15

  • Targets: $132.55 and $152.92

  • Stop-loss: $90.43

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Reference: Buy Oracle Corp (18 July 2023)

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I also re-iterated my view in January of this year as the share retraced to $106.

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