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

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 up 0.5%. By the end of trading, Oracle Corporation fell $0.61 (-1.9%) to $31.25 on heavy volume. Throughout the day, 102,869,737 shares of Oracle Corporation exchanged hands as compared to its average daily volume of 27,571,700 shares. The stock ranged in price between $31.24-$32.00 after having opened the day at $31.90 as compared to the previous trading day's close of $31.86. Other companies within the Computer Software & Services industry that declined today were: Wave Systems Corporation ( WAVX), down 14.9%, Cimatron ( CIMT), down 7.2%, TigerLogic Corporation ( TIGR), down 5.3% and Exa ( EXA), down 4.3%.

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $144.6 billion and is part of the technology sector. Shares are down 6.3% year to date as of the close of trading on Thursday. Currently there are 21 analysts that rate Oracle Corporation a buy, 1 analyst rates it a sell, and 9 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 growth in earnings per share, increase in net income, revenue growth, notable return on equity and attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, WebMD Health Corporation ( WBMD), up 25.4%, Quality Systems ( QSII), up 12.1%, Daegis ( DAEG), up 10.0% and 21Vianet Group ( VNET), up 8.3% , were all gainers within the computer software & services industry with Automatic Data Processing ( ADP) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Social Media Rebound Revives IPO Notion for Pinterest; Volatility and M&A--ICYMI

Social Media Rebound Revives IPO Notion for Pinterest; Volatility and M&A--ICYMI

3 Software Firms That Look Especially Attractive Now as Takeover Candidates

3 Software Firms That Look Especially Attractive Now as Takeover Candidates

Tech Giants Amazon, Microsoft, Google and IBM Keep Their Heads in the Cloud

Tech Giants Amazon, Microsoft, Google and IBM Keep Their Heads in the Cloud

9 Tech Stocks That Got Hit the Hardest on Friday's Selloff

9 Tech Stocks That Got Hit the Hardest on Friday's Selloff

Why I Like Amazon, Apple and These Other Stocks for February

Why I Like Amazon, Apple and These Other Stocks for February