Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.6%. By the end of trading, Oracle Corporation rose 48 cents (1.5%) to $31.65 on average volume. Throughout the day, 20.4 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 23.4 million shares. The stock ranged in a price between $31.13-$31.76 after having opened the day at $31.46 as compared to the previous trading day's close of $31.17. Other companies within the Technology sector that increased today were:
), up 21.3%,
), up 17.8%,
), up 16.3%, and
), up 13.5%.
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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 $153.75 billion and is part of the
industry. The company has a P/E ratio of 16.1, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 22.8% year to date as of the close of trading on Thursday. Currently there are 24 analysts that rate Oracle Corporation a buy, no analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates Oracle Corporation as a
. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, increase in net income, revenue growth and notable return on equity. 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 Ratings Report.
On the negative front,
), down 13.6%,
), down 13.2%,
), down 10.1%, and
), down 9%, were all laggards within the technology sector with
) being today's technology sector laggard.
- Use our technology section to find sector-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 technology sector could consider
) while those bearish on the technology sector could consider
- Find other investment ideas from our top rated ETFs lists.
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