Published first at https://www.3minutebreakdowns.com
3 stocks I'm buying now April 2024 edition.

Including: $ONON $ORCL $TLT

On Holding is a Swiss company that makes the popular On Cloud running shoe. The new cloudmonster design is seeing strong demand and On Holding reported revenue growth last year of 47%. That figure would have been even higher if not for strength in the Swiss franc.

Software company Oracle doesn’t have the image of a high growth tech stock. However, last month’s earnings report revealed a 41% increase in remaining performance obligations. These RPOs represent future revenue that is yet to be recognised, and it indicates increasing demand for Oracle’s cloud infrastructure which is being used for generative AI.

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