Oracle Corporation (ORCL): Today's Featured Computer Software & Services Winner - TheStreet

Oracle Corporation

(

ORCL

) pushed the Computer Software & Services industry higher today making it today's featured computer software & services winner. The industry as a whole closed the day up 1.4%. By the end of trading, Oracle Corporation rose 19 cents (0.7%) to $28 on light volume. Throughout the day, 21.5 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 29.7 million shares. The stock ranged in a price between $27.79-$28.14 after having opened the day at $27.91 as compared to the previous trading day's close of $27.81. Other companies within the Computer Software & Services industry that increased today were:

Kingtone Wirelessinfo Solution

(

KONE

), up 23.2%,

Cover-All Technologies

(

COVR

), up 16%,

QAD

(

QADA

), up 11.1%, and

Datawatch Corporation

(

DWCH

), up 10.8%.

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Oracle Corporation, an enterprise software company, develops, manufactures, markets, distributes, and services database and middleware software, applications software, and hardware systems worldwide. Oracle Corporation has a market cap of $141.74 billion and is part of the

technology

sector. The company has a P/E ratio of 14.9, above the average computer software & services industry P/E ratio of 14.5 and below the S&P 500 P/E ratio of 17.7. Shares are up 8.4% year to date as of the close of trading on Thursday. Currently there are 22 analysts that rate Oracle Corporation a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Oracle Corporation as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front,

Wave Systems Corporation

(

WAVX

), down 10.7%,

Webmedia Brands

(

WEBM

), down 9.1%,

Bsquare Corporation

(

BSQR

), down 8.1%, and

icad

(

ICAD

), down 8%, were all losers within the computer software & services industry with

Nielsen Holdings

(

NLSN

) being today's computer software & services industry loser.

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

(

IGV

) while those bearish on the computer software & services industry could consider

ProShares Ultra Short Technology

(

REW

).

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