Oracle (ORCL): Capex Spend Could Be The Beginning, AI Revolution Finds Another Beneficiary

nullplus Investment Thesis Oracle Corp. (NYSE:ORCL), despite missing on revenues, delivered a solid third quarter, all things considered. The company also delivered strong guidance for the fourth quarter, on the back of surging demand for its cloud and AI offerings. In this article, I explore the company’s third-quarter performance and dissect the key takeaways and…

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Columbus McKinnon (CMCO): Undervalued As NT Capex Pressure Obscure LT Growth Opportunity

gerenme I had expected some “muddle through” performance from Columbus McKinnon (NASDAQ:CMCO) in 2023 given pressures on volumes from reduced/deferred capex from many industrial end-markets. While the business has held up reasonably well even in the face of meaningful volume challenges, the shares have indeed lagged this year – declining about 10% since my last…

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