NEW YORK, NY / ACCESSWIRE / September 18, 2017 / While Oracle was the worst performing stock on the S&P 500 this past Friday, NVIDIA took the spotlight. Oracle shares dropped after a dismal second-quarter outlook was revealed after the company reported its first-quarter results last Thursday. Shares of NVIDIA exploded after it received a very bullish rating and upped the price target from an analyst at Evercore ISI.

RDI Initiates Coverage on:

Oracle Corporation
http://www.rdinvesting.com/report/?ticker=ORCL

NVIDIA Corporation
http://www.rdinvesting.com/report/?ticker=NVDA

Oracle Corporation's shares closed down 7.67% this past Friday on around 66 million shares traded. It was one of the worst days for the stock in the past four years after the company reported its fiscal first-quarter results after the bell last Thursday. Though the company beat estimates, it was a dismal outlook for the second quarter that had traders scrambling. The stock became the worst performing stock on the S&P 500 the day after the company released its results. For the second quarter, Oracle has forecast EPS of 64 to 68 cents and revenue of $9.25 billion to $9.43 billion. Wall Street was looking for EPS of 68 cents and revenue of $9.56 billion. Despite the miss, analysts were still optimistic with several raising their price targets on the stock including Brad Reback of Stifel who upped his price target from $52 to $53 and J. Derrick Wood of Cowen who raised it from $55 to $57. Wood wrote, "We continue to see levers in the model that should favor ORCL over the next several quarters including 1) greater scale of its Cloud businesses leading to accelerating overall growth; and 2) incremental operating leverage as ORCL shifts to a lower cost and more efficient sales model. We also note that ORCL announced it has a new Machine Learning controlled database that will be hitting the market soon, which could be an interesting new product catalyst."

Access RDI's Oracle Corporation Research Report at:
http://www.rdinvesting.com/report/?ticker=ORCL

NVIDIA Corporation's shares closed up 6.32% on Friday with a volume of nearly 34 million shares. The stock was at the top of the S&P 500 on Friday after getting a hefty price target increase from Evercore ISI. Analyst C.J. Muse has upped his price target on the chip maker from $180 to $250 and reiterated an "outperform" rating. According to Muse, NVIDIA has "created an industry standard for AI systems that will be nearly impossible to replicate." Muse's rating is one of the most bullish ratings the company has ever received. Muse wrote, "We hosted NVDA mgmt. (CEO, CFO and IR) on the road with investors over the last few days. ? Our sense is management believes that investors still severely underestimates the impact of AI and the size of the potential market. We are only at the cusp of AI's growth potential and NVIDIA is creating THE AI computing industry standard." He also wrote, "We believe the tremendous growth opportunities led by AI in the Data Center and Automotive verticals supports a clear path to $10 in earnings power over the next 3-5 years."

Access RDI's NVIDIA Corporation Research Report at:
http://www.rdinvesting.com/report/?ticker=NVDA

Our Actionable Research on Oracle Corporation (NYSE: ORCL) and NVIDIA Corporation (NASDAQ: NVDA) can be downloaded free of charge at Research Driven Investing.

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