Oracle Corporation (ORCL): Today's Featured Computer Software & Services Winner
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 higher today making it today's featured computer software & services winner. The industry as a whole closed the day up 0.2%. By the end of trading, Oracle Corporation rose $0.57 (1.8%) to $32.34 on light volume. Throughout the day, 18,650,946 shares of Oracle Corporation exchanged hands as compared to its average daily volume of 27,368,800 shares. The stock ranged in a price between $31.76-$32.60 after having opened the day at $31.76 as compared to the previous trading day's close of $31.77. Other companies within the Computer Software & Services industry that increased today were:
(
), up 19.0%,
(
), up 10.6%,
(
), up 8.3% and
(
), up 7.1%.
Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $150.0 billion and is part of the technology sector. Shares are down 4.7% year to date as of the close of trading on Friday. Currently there are 19 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, revenue growth, notable return on equity, attractive valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Oracle Corporation Ratings Report.
On the negative front,
EFuture Information Technology
(
), down 10.3%,
(
), down 9.3%,
(
), down 7.8% and
(
), down 5.1% , were all laggards within the computer software & services industry with
(
) being today's computer software & services industry laggard.
- 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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