Oracle shares have lost more than half of their value in six months. It might finally be time to buy. | The colorful fool

Shares of the software and cloud infrastructure specialist oracle (ORCL 3.93%) I recently suffered a severe blow. Over the past six months, the stock has plummeted and is down more than 50% at the time of writing.

The tech stock’s decline comes as investors worry about the company’s volatility Capital expenditure plans and the debt required to finance his aggressiveness Artificial Intelligence (AI) Expansion of the data center.

But it’s not like the underlying business is struggling. In fact, Oracle just reported another quarter of accelerating revenue growth and rising profits.

So is this a buying opportunity if the underlying company is experiencing accelerating growth and a soaring backlog, even as its shares are under severe pressure?

Accelerated growth and a huge backlog

Oracle’s fiscal third quarter results highlighted a company that’s firing on all cylinders. The company’s total revenue was $17.2 billion – a 22% increase from the previous year. This meant a significant acceleration of 14%…