By Fahad Saleem
Publication Date: 2026-04-10 13:46:00
We’ve just covered Billionaire Ken Fisher’s Latest Portfolio: The 10 Best AI Stocks to Buy. Oracle (NYSE:ORCL) is ranked 10th (see The 5 Best AI Stocks to Buy).
Billionaire Ken Fisher’s share: $1.81 billion
Shares of Oracle (NYSE:ORCL) are down about 30% so far this year, but some analysts believe the stock can recover and reward patient investors. The company has a record backlog of $553 billion in remaining performance obligations, primarily from multi-year cloud infrastructure contracts (OCI), ERP, CRM and Cerner healthcare software, providing earnings visibility for the next 18 months.
Oracle (NYSE:ORCL) has successfully transitioned from legacy software to a leader in modern AI clouds, with OCI growth of 44-84%, high customer retention of 96%, and multi-cloud partnerships with Microsoft Azure and AWS that help attract enterprise customers.
Oracle’s (NYSE:ORCL) cloud services revenue now accounts for more than half of total revenue, and operational efficiencies are high, generating $445,000 per…
