Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) 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 down 0.5%. By the end of trading, Oracle Corporation fell $0.52 (-1.4%) to $36.88 on light volume. Throughout the day, 13,076,127 shares of Oracle Corporation exchanged hands as compared to its average daily volume of 18,329,100 shares. The stock ranged in price between $36.68-$37.20 after having opened the day at $36.96 as compared to the previous trading day's close of $37.40. Other companies within the Computer Software & Services industry that declined today were:
), down 12.1%,
), down 9.8%,
), down 7.2% and
), down 7.0%.
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Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $166.3 billion and is part of the technology sector. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7. Shares are down 2.2% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate Oracle Corporation a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Oracle Corporation Ratings Report.
On the positive front,
), up 23.6%,
), up 17.6%,
), up 10.8% and
), up 10.0% , 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.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider
) while those bearish on the computer software & services industry could consider
- Find other investment ideas from our top rated ETFs lists.