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

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 higher today making it today's featured technology winner. The sector as a whole closed the day up 0.8%. By the end of trading, Oracle Corporation rose $0.45 (1.2%) to $38.95 on average volume. Throughout the day, 13,907,885 shares of Oracle Corporation exchanged hands as compared to its average daily volume of 17,466,100 shares. The stock ranged in a price between $38.36-$39.10 after having opened the day at $38.50 as compared to the previous trading day's close of $38.50. Other companies within the Technology sector that increased today were: China BAK Battery ( CBAK), up 31.9%, Sky-mobi ( MOBI), up 20.1%, Inteliquent ( IQNT), up 17.0% and Workday ( WDAY), up 15.1%.

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $172.0 billion and is part of the computer software & services industry. Shares are up 0.6% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Oracle Corporation a buy, 1 analyst rates it a sell, and 8 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 sub par growth in net income.

On the negative front, ChinaNet Online Holdings ( CNET), down 16.4%, Alvarion ( ALVR), down 11.4%, Catamaran ( CTRX), down 10.9% and Microvision ( MVIS), down 8.6% , were all laggards within the technology sector with Cree ( CREE) being today's technology sector laggard.

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).

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