Ritholtz Wealth Administration CEO Josh Brown snapped up Oracle shares Tuesday morning, following the tech firm’s announcement of its partnership with Uber. On Monday, Oracle mentioned it entered right into a seven-year strategic cloud partnership with Uber to speed up the ride-sharing platform’s innovation and assist ship new merchandise. It is a title that Brown mentioned has been misplaced within the shuffle, including this may very well be the 12 months of its “popping out occasion.” “This has been a really boring firm that I’ve ignored for a decade,” Brown mentioned on CNBC’s ” Halftime Report .” “That they had been left behind by among the greatest megatrends in tech.” ORCL 1Y mountain Oracle’s one-year efficiency Nonetheless, he mentioned CEO Safra Catz has made unimaginable strides with Oracle, doing all the best issues and pushing into the cloud. The truth that Uber chosen Oracle over Amazon Net Companies, which powers Lyft , and over massive participant Microsoft is spectacular, Brown mentioned. “You have obtained unimaginable natural income progress within the cloud. They’ve been very aggressive in taking share,” he mentioned of Oracle. Shares closed Monday at $89.42, simply shy of their 52-week excessive of $91.22, notched earlier this month. “Technically, you’ve gotten a very nice setup right here” Brown added. “The basics are in sync with that.”