Oracle Corporation (ORCL): Today's Highlighted Winner For Computer Software & Services

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 higher today making it today's featured computer software & services winner. The industry as a whole closed the day up 0.5%. By the end of trading, Oracle Corporation rose 38 cents (1.2%) to $32.33 on average volume. Throughout the day, 22.9 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 23 million shares. The stock ranged in a price between $31.79-$32.39 after having opened the day at $31.89 as compared to the previous trading day's close of $31.95. Other companies within the Computer Software & Services industry that increased today were: Vringo ( VRNG), up 15.3%, TSR ( TSRI), up 10.8%, Astea International ( ATEA), up 9.7%, and Edgewater Technology ( EDGW), up 7.9%.
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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 $148.55 billion and is part of the technology sector. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are down 4.1% year to date as of the close of trading on Wednesday. Currently there are 23 analysts that rate Oracle Corporation a buy, one analyst rates it a sell, and 12 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 increase in stock price during the past year, growth in earnings per share, increase in net income, notable return on equity and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Southcross Energy Partners ( SXE), down 21.4%, TigerLogic Corporation ( TIGR), down 7.3%, Exa ( EXA), down 6.7%, and Mattersight ( MATR), down 6.5%, were all laggards within the computer software & services industry with CommVault Systems ( CVLT) being today's computer software & services industry laggard.

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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