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 1.5%. By the end of trading, Oracle Corporation fell $1.08 (-3%) to $35.13 on average volume. Throughout the day, 23.3 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 21.2 million shares. The stock ranged in price between $35.03-$36 after having opened the day at $35.81 as compared to the previous trading day's close of $36.20. Other companies within the Computer Software & Services industry that declined today were: Changyou.com ( CYOU), down 9.9%, Perion Network ( PERI), down 9.8%, Glu Mobile ( GLUU), down 7.9%, and China Information Technology ( CNIT), down 7.4%.
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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 $168.11 billion and is part of the technology sector. The company has a P/E ratio of 16.8, below the S&P 500 P/E ratio of 17.7. Shares are up 6.6% year to date as of the close of trading on Friday. Currently there are 22 analysts that rate Oracle Corporation a buy, no analysts rate it a sell, and 14 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 revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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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