Shares of high-growth companies have been hammered since the beginning of the year due to the Fed’s aggressive interest rate hikes. Many fundamentally strong growth stocks, such as Oracle Corporation (ORCL), have fallen significantly.
ORCL provides products and services that address enterprise information technology (IT) environments. The company’s businesses include cloud and license, hardware, and services. Its products and services include applications and infrastructure offerings delivered through various IT deployment models.
