Oracle Corporation (NYSE:ORCL) is one of the best stocks to buy in 2026 for beginners. On January 14, KeyBanc reiterated a Buy rating on Oracle Corporation (NYSE:ORCL) and set a price target of $300. The rating update came the same day Oracle Corporation (NYSE:ORCL) announced the signing of a new cloud agreement with the UK Ministry of Defence (MoD), allowing the MoD to rapidly transition legacy technology systems to Oracle Cloud Infrastructure (OCI). The agreement supports the Ministry’s modernization goals, effective use of critical data to bolster the national security of the region, and adoption of new AI capabilities.
The cloud agreement between Oracle Corporation (NYSE:ORCL) and MoD allows access to OCI to support the modernisation and consolidation of legacy systems. Jason Rees, senior vice president of Technology Engineering, Oracle EMEA, stated that the migration of work loads to Oracle Cloud Infrastructure would allow the sophisticated use of data and AI to bolster national security for the UK without complicated and costly rewrites, with OCI’s in-built security and AI solutions offering a strong foundation for improved decision making, faster innovation, and mission-ready capabilities.
Oracle Corporation (NYSE:ORCL) provides products and services addressing aspects of corporate IT environments, including applications and infrastructure technologies. The company’s operations are divided into the following business segments: Cloud and License, Hardware, and Services.
While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
