$Oracle(ORCL)$  Zoom out and look at what you actually own here. Oracle just brought in $67.4 billion in total revenue for the entire fiscal year. Yet, their cloud contract backlog (RPO) is a staggering $638 billion. That means Oracle has legally binding, signed contracts worth nearly 10 times their annual revenue waiting to be deployed. The stock price is a temporary voting machine; the backlog is a multi-year cash machine.

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