J.P. Morgan Expects Continued Success From ORCL

J.P. Morgan said today that it expects Oracle Corp. ORCL will continue to post strong sales as it further leverages its more strategic position within its customer base.

“We also wonder if this will be the quarter that Exadata begins to show up on the income statement to further validate the excitement we continue to hear in the field,” J.P. Morgan writes.

Oracle closed Wednesday at $30.20.