NEW YORK (TheStreet) -- Shares of Oracle Corp (ORCL) - Get Report are up 2.34% to $43.37 in mid-morning trading Tuesday, ahead of the computer technology company's fiscal third quarter earnings report, expected to be released after the market closes later today.

For the quarter, Wall Street analysts are expecting the company to report earnings of 68 cents per share, matching the 68 cents it posted last year.

Oracle is expected to report revenue of $9.47 billion for the quarter, higher compared to the $9.32 billion in sales it posted in the same quarter a year ago.

TheStreet's Jim Cramer says Oracle is the stock to watch today, because its earnings report can set the tone for technology stocks worldwide. Last Friday, Cramer said on CNBC's Mad Money that Oracle is a company that's aggressively stealing business from the cloud.

Cramer warned, "Be prepared for lots of estimate revisions based on the strong dollar."

Analysts expect currency headwinds, tougher competition in the cloud business, as well as high costs from recent acquisitions to impact Oracle's fiscal third quarter earnings.

Redwood City, CA-based Oracle is a provider of enterprise software and computer hardware products and services.

The company operates through various segments, including new software licenses and cloud software subscriptions, cloud infrastructure-as-a-service, software license updates and product support, hardware systems products, hardware systems support, and services business.

Insight from TheStreet's Research Team:

Gary Morrow commented on Oracle in a recent post on RealMoney.com. Here is what Morrow had to say about the stock:

A very nice day for Oracle today. The stock gained 2.4% adding to Friday's 1.85% bounce. ORCL is now up over 5% from last week's low and has attracted fairly aggressive buying interest in the process. Last week the stock began to test a key support zone(see 3/11 C.C. Post)near the powerful earnings inspired breakout back on December 18th. Oracle filled this major gap as February began and has held it again in March.

I added to a small long position last week and may lighten up a bit ahead of tomorrow afternoon's Q3 earnings report. I will wait for a better read during Tuesday's action but I do expect to keep the bulk of the position through the rest of the week. Positive news could easily power the stock past the February high and on to a re test of the 2014 peak.

-Gary Morrow, 'Oracle Extends Rebound' originally published 3/16/2015 on RealMoney.com.

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Separately, TheStreet Ratings team rates ORACLE CORP as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:

"We rate ORACLE CORP (ORCL) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow." You can view the full analysis from the report here: ORCL Ratings Report