Jim Cramer on Oracle (ORCL): “I don’t like what they’re doing with their balance sheet”

Oracle Corporation (NYSE:ORCL) is one of the Stocks Jim Cramer has recently looked at. When a caller asked whether he should sell or hold his position in the stock, Cramer said:

Well, Oracle, I don’t like what they’re doing with their balance sheet, and I always like companies with good balance sheets, and I think this company is uninvestable right now. I believe it can go up again and when it goes up I think you should sell it.

Oracle Corporation (NYSE:ORCL) provides cloud and on-premise software, databases and IT infrastructure to help companies manage operations. During the January 6 episode, a caller asked what was going on with the company, and Cramer replied:

Okay, well, this actually has to do with Oracle’s debt side. They had to borrow a lot of money to build all the data centers they wanted. Then people became increasingly worried…