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 0.6%. By the end of trading, Oracle Corporation rose $0.77 (1.9%) to $40.88 on average volume. Throughout the day, 16,343,463 shares of Oracle Corporation exchanged hands as compared to its average daily volume of 17,752,000 shares. The stock ranged in a price between $40.02-$40.93 after having opened the day at $40.09 as compared to the previous trading day's close of $40.11. Other companies within the Computer Software & Services industry that increased today were:
), up 19.6%,
), up 16.2%,
), up 13.9% and
), up 10.8%.
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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 $178.9 billion and is part of the technology sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 4.9% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate Oracle Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Oracle Corporation Ratings Report.
On the negative front,
), down 6.8%,
), down 6.1%,
), down 5.3% and
), down 5.3% , 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.
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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.