All software isn’t doomed. In fact, money is finally chasing the theme again. One AI software stock to trade in the Agentic Era is Oracle Corp. (ORCL), suggests Lucas Downey, co-founder of MoneyFlows.
It’s hard to believe that enterprise SaaS stocks are gaining ground. Just four short months ago, the overarching narrative was that AI would destroy all software companies. While the software industry isn’t bullet-proof, epic fear-driven selloffs have happened before…and industry leaders eventually thrived.
Only companies embracing the AI software stack stand a chance. And here’s a look at the AI software stack:
- AI agents - digital workers
- Business applications – CRM, workflows
- Data – analytics
- Cloud – compute, storage, networking
- Infrastructure – data centers
Oracle is a $707 billion firm that sits in the Cloud layer of the AI stack. Every AI application needs to live somewhere. That data must be stored and processed.
It may surprise you to know that ORCL shares were recently up about 18% in 2026. A good reason for the positive turn of fortune is how upbeat analysts have been on Oracle’s sales trajectory. Fiscal year 2026 revenues are slated to reach $67.2 billion. By FY 2028, Wall Street projects sales to surge to nearly $130 billion.
Is there reason to trade Oracle shares now? YES. The first signs of life can be seen in our data. You can see in the chart how nasty the outflows were for ORCL shares during the software meltdown of 2026. But note the recent green inflows. Money is being put to work.
Off to the right, you can see how ORCL shares were a top-ranked stock on our weekly Outlier 20 report back in 2023...before blasting off. We view Oracle as undervalued and a pillar name in the AI race.
