Oracle (NYSE: ORCL)
Oracle is a software company that offers integrated application suites while also providing a cloud service and infrastructure to clients. The company saw total revenue rise 7% year on year to US$25.4 billion for the first six months of fiscal 2024 (1H FY2024) ending 30 November 2023. In particular, Oracle’s cloud services and licence support division saw revenue improve by 13% year on year to US$19.2 billion. With operating expenses increasing by just 2% year on year, operating...Growth stocks should occupy an important place in any investor’s portfolio.
These businesses have the potential to continue growing over years or even decades, allowing your portfolio to climb steadily to allow you to enjoy a happy retirement.
A great place to start looking for suitable growth stocks are the US stock markets – the New York Stock Exchange and NASDAQ.
We profile four promising growth stocks from these two stock markets that could power your portfolio to greater heights.