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Computer Hardware Manufacturer Set to Report Quarterly Results

July 24, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Jim Cramer says the stock to keep an eye on in Tuesday trading is Oracle as it prepares to release third quarter results after the close Tuesday. He says California- based Oracle will set the tone for the whole world. Remember, Cramer says, we are seeing a lot of tech stocks pulling back. While companies like Microsoft, Intel and Hewlett Packard are struggling to make the numbers, Oracle has been making the numbers, he says. However, Cramer says, if Oracle wants to take everybody down, they can do it. For investors who want to own tech, Cramer suggests waiting to hear what Oracle will say on Tuesday. Investors will want to see if the stock is being weighed down by the strong U.S. dollar.

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