Oracle Corporation (ORCL): Today's Featured Technology Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Oracle Corporation ( ORCL) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day down 0.5%. By the end of trading, Oracle Corporation fell $0.37 (-1.1%) to $32.84 on light volume. Throughout the day, 13,487,930 shares of Oracle Corporation exchanged hands as compared to its average daily volume of 23,380,700 shares. The stock ranged in price between $32.79-$33.24 after having opened the day at $32.86 as compared to the previous trading day's close of $33.21. Other companies within the Technology sector that declined today were: Friendfinder Networks ( FFN), down 93.7%, Acorn Energy ( ACFN), down 31.0%, Alteva ( ALTV), down 29.1% and xG Technology ( XGTI), down 23.4%.

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $153.3 billion and is part of the computer software & services industry. Shares are up 1.0% year to date as of the close of trading on Friday. Currently there are 18 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, revenue growth, notable return on equity, attractive valuation levels and expanding profit margins. 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, CSR ( CSRE), up 191.3%, China Finance Online ( JRJC), up 31.8%, Hauppauge Digital ( HAUP), up 24.6% and China Sunergy ( CSUN), up 20.6% , were all gainers within the technology sector with Trina Solar ( TSL) being today's featured technology sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector 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.
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