NEW YORK ( TheStreet) -- If the stock price of Oracle (ORCL) and his paycheck are any indication of Larry Ellison's wealth, he should have no problem paying for the upkeep of his fleet of world-class yachts.
In the past year, he received about a $15 million dollar paycheck in addition to seeing his holdings in the stock go up about 15%. Good earnings projections have seen the stock go up about 8% last month as is evidenced in this hourly trading chart provided by Barchart:
The stock is even outperforming the market and while the market, as measured by the Value Line Index, is up 1% over the past six months, Oracle is up about 6%:Oracle makes software, hardware and related services for businesses, including database and database management, application servers and cloud applications. The company was founded in 1977 and is headquartered in Redwood City, Calif.
Factors to ConsiderBarchart technical indicators:
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