Oracle turning regular investors into millionaires is why I do what I do
CNBC’s Jim Cramer was just astounded by the 40% surge in Oracle stock to all-time highs on Wednesday, calling it life-changing for the individual investors who owned a lot of shares. “I have been saying [for decades] you can get rich in individual stocks,” Cramer told members of the CNBC Investing Club. He pointed to the stunning rally in shares of Oracle on staggering AI projections as a prime example. Since leaving his hedge fund in 2000, Cramer has dedicated his life to teaching investors how to make money in stocks. ” Mad Money ” on CNBC celebrated its 20th anniversary back in April. The Club, which follows Cramer’s Charitable Trust portfolio of 30-something stocks, predates CNBC and goes all the way back to his days at TheStreet.com, the financial website he co-founded in the mid-1990s. “If you owned Oracle, you have a different life today,” Cramer said Wednesday morning on ” Squawk on the Street ,” a show he co-anchors during the 9 a.m. ET. “Thank you, [Oracle CEO] Safra Catz, for making a lot of people millionaires.” ORCL ALL mountain Oracle long-term performance Oracle was approaching a $1 trillion stock market valuation, currently around $940 billion, due to its best single session of trading since 1992. It can’t be overstated how big the numbers were that Oracle revealed Tuesday evening as part of its earnings report. Remaining performance obligation (RPO) grew by 359% to $455 billion. That’s almost a half-trillion dollars. RPO is revenue that’s been contracted but not yet recognized. The company said cloud infrastructure revenue is expected to grow to $144 billion in fiscal year 2030, up from $18 billion in its current 2026 fiscal year. It also forecasted $35 billion of capital expenditure spending this year, compared with the $26 billion analysts were expecting previously. The forward guidance from Oracle was pulling the broader data center infrastructure trade higher, with Club chipmakers Nvidia and Broadcom soaring more than 4% and 8%, respectively. That’s another all-time high for Broadcom. Nvidia has a little more work to do to get back to its record highs from last month. Not surprisingly, Oracle shares have now doubled in 2025 after gaining more than 60% last year and almost 24% in 2023. From its closing price on Dec. 30, 2022, to where it was trading Wednesday, the stock has soared more than 310%. Broadcom and Nvidia have made their own parabolic moves over the past two-plus years. Nvidia, for Cramer, hits closest to home. He’s been recommending it since the stock traded in the single-digits per share. Cramer tells stories about countless investors coming up to him and personally thanking him for turning them on to the stock and making them millionaires. During the Investing Club’s annual meeting , held in mid-July at the New York Stock Exchange, Cramer told the story of one of those Nvidia millionaires. “I go out. And a guy from Vermont. He stops me and says, ‘Cramer, I am a member of your Club. … Let me show you something.’ He takes out his phone, and it says: ‘Nvidia $2.4 million.’ He says, ‘That’s how much I made on Nvidia because I am a member of the Club.'” Disclosure: Cramer’s Charitable Trust owns shares of NVDA and AVGO.
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