Oracle Corporation (ORCL)

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3 CRM Software Stocks to Buy Now
By: MarketBeat | September 8, 2021

• Oracle Corp. (NYSE:ORCL)

Even though Oracle only had about 5% of the global CRM market share as of 2020, it’s still a great stock to consider adding at this time for exposure to the CRM industry and more. Often considered to be the premier provider of on-premises relational database technologies and ERP software, Oracle has a massive global customer base and has been one of the true pioneers in the technology sector for years. The company provides products and services that address enterprise information technology environments, and Oracle’s CRM systems can benefit sales teams along with marketing, commerce, and service functions for almost any business.

This stock has been a very strong performer in 2021 and is up over 38% year-to-date, although there could be more upside in store for Oracle shareholders as the company continues its transition towards a more cloud-centric business model. There’s also a lot to like about Oracle’s dividend growth prospects, as the company has boosted its annual payout for 8 consecutive years. If you are looking for a more conservative way to play CRM and the cloud computing space, this should be a company at the top of your shopping list.

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