Oracle (ORCL - Get Report) shares are headed higher, according to TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer. 'Oracle is taking no prisoners when it comes to the cloud,' Cramer said, adding that the company thinks they are doing much better than Salesforce (CRM - Get Report) and Microsoft (MSFT - Get Report) . Oracle agreed to purchase Opower (OPWR) , a software company, for $532 million on Monday.

 

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.