Back to top

Image: Bigstock

Oracle (ORCL) Shows Strength: Stock Adds 8.6% in Session

Read MoreHide Full Article

Oracle Corporation (ORCL - Free Report) was a big mover last session, as its shares rose almost 9% on the day. The move came after the company reported better-than-expected fourth-quarter 2017 results. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up roughly 13% in the past one-month time frame.

Over the last 30 days, the company witnessed one positive estimate revision. The Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Oracle currently carries a Zacks Rank #2 (Buy).

Another top-ranked stock in the Computer - Software space is Konami Holdings Corporation , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is ORCL going up? Or down? Predict to see what others think: Up or Down

The Best & Worst of Zacks

Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +25% per year. Plus, you may download 220 Zacks Rank #5 "Strong Sells." Even though this list holds many stocks that seem to be solid, it has historically performed 6X worse than the market.  See these critical buys and sells free >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Oracle Corporation (ORCL) - free report >>

Published in