Oracle Corporation (ORCL): Today's Featured Computer Software & Services Laggard
(
) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Oracle Corporation fell $0.61 (-1.9%) to $31.25 on heavy volume. Throughout the day, 102,869,737 shares of Oracle Corporation exchanged hands as compared to its average daily volume of 27,571,700 shares. The stock ranged in price between $31.24-$32.00 after having opened the day at $31.90 as compared to the previous trading day's close of $31.86. Other companies within the Computer Software & Services industry that declined today were:
(
), down 14.9%,
(
), down 7.2%,
(
), down 5.3% and
(
), down 4.3%.
Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $144.6 billion and is part of the technology sector. Shares are down 6.3% year to date as of the close of trading on Thursday. Currently there are 21 analysts that rate Oracle Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Oracle Corporation
as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, notable return on equity and attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Oracle Corporation Ratings Report.
On the positive front,
(
), up 25.4%,
(
), up 12.1%,
Daegis
(
DAEG
), up 10.0% and
(
), up 8.3% , were all gainers within the computer software & services industry with
(
) being today's featured computer software & services industry leader.
- Use our computer software & services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider
iShares S&P NA Tech Software Idx
(
) while those bearish on the computer software & services industry could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
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