Home Stock Ideas Long Ideas Tech  Summary Oracle Corporation is upgraded to strong buy, driven by its transformation into a foundational AI infrastructure utility with a $553B backlog. ORCL's CapEx-heavy strategy is misunderstood; the BYOH model and off-grid power projects enable high-margin, partner-funded growth and rapid multicloud expansion. Key risks include $300B OpenAI backlog concentration, credit market stress, SMCI supply chain disruptions, and geopolitical threats to major data centers. Hybrid DCF and Technical analysis indicate a 76%–175% upside, with the J-Curve inflection marking Oracle’s shift from CapEx burn to substantial cash generation. Getty Images I upgraded my rating on Oracle Corporation ( ORCL ) stock to a Strong Buy from a Buy. The rating is based on the structural, financial, geopolitical, and technical factors that are building an important inflection point for the ORCL stock.…