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Why Oracle Is the Next Beaten-Down Software Stock Due a Big Rally — Barrons.com

By Callum KeownSoftware stocks are back in vogue, and the more beaten-down the better. That may bode well for Oracle when it reports earnings next week.Salesforce, Elastic, and Okta have all enjoyed 20+% gains after earnings recently. Snowflake looks to be the next one-climbing 24% ahead of the ope…

ORCL

By Callum KeownSoftware stocks are back in vogue, and the more beaten-down the better.

That may bode well for Oracle when it reports earnings next week.Salesforce, Elastic, and Okta have all enjoyed 20+% gains after earnings recently.

Snowflake looks to be the next one-climbing 24% ahead of the ope…