Doug Busch updates technical signals for Oracle, Sonoco Products and TPG

4 articles · Updated · Barron's · May 6

Busch said Oracle trades near $185 after rising 21% since his call, Sonoco near $52 after an 8% drop, and TPG near $45 after falling 19%.
He kept bullish levels at $172 for Oracle, $47 for Sonoco and $42.50 for TPG, while projecting targets of $223 by mid-2026, $70 by year-end and $57 by mid-2026.
The note revisits earlier stock picks using chart patterns, moving averages and relative strength, arguing that reviewing past calls helps refine future buy and sell decisions.

Is TPG's stock rally a true recovery or a bull trap set against a private credit market meltdown?

Can Oracle's bullish stock chart overcome its mountain of debt and massive spending on its high-stakes AI bet?

Do bullish technical signals matter for stocks when the global economy faces slowing growth and rising inflation?