Oracle Corporation (ORCL): Today's Featured Computer Software & Services Laggard

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.

Oracle Corporation ( ORCL) 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 1%. By the end of trading, Oracle Corporation fell 37 cents (-1.2%) to $30.42 on average volume. Throughout the day, 17.6 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 22 million shares. The stock ranged in price between $30.41-$30.98 after having opened the day at $30.73 as compared to the previous trading day's close of $30.79. Other companies within the Computer Software & Services industry that declined today were: Chyron Corporation ( CHYR), down 21.6%, Kingtone Wirelessinfo Solution ( KONE), down 15.9%, Saba Software ( SABA), down 12%, and Qualys ( QLYS), down 11.7%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $152.43 billion and is part of the technology sector. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are up 23.3% year to date as of the close of trading on Wednesday. Currently there are 21 analysts that rate Oracle Corporation a buy, no analysts rate it a sell, and 13 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 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 lackluster performance in the stock itself.

On the positive front, FalconStor Software ( FALC), up 23.4%, Rosetta Stone ( RST), up 22.1%, Unwired Planet ( UPIP), up 17.5%, and Perion Network ( PERI), up 15.6%, were all gainers within the computer software & services industry with VeriSign ( VRSN) being today's featured computer software & services industry leader.

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).

FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.
null

If you liked this article you might like

Crazy Weak U.S. Dollar Will Make These 10 Companies Huge Winners

How to Make Money on Booming Cloud Services Demand

Jim Cramer Reveals One Stock to Play the Cloud Space

S&P, Dow Close at Record Highs, Brushing Off Geopolitical Concerns

Stocks Shake Off North Korea and London to Stay in Record Territory