Oracle Corporation (NYSE:ORCL) Backs To Its Winning Ways

0
799

Dallas, Texas 05/05/2014 (FINANCIALSTRENDS) – Oracle Corporation (NYSE:ORCL) the company which is the benchmark database and back office management enterprise software provider, and now cloud-backed database management service provider, is once again back to its winning ways.

The story unfolding over the past quarter has been satisfying as Oracle’s smart number turnaround is now backed by solid fundamentals. The company had previously clocked highest prices on the stock market back in the early half of the last decade. But this time around the surge in prices is now backed growth, besides value-accreditation as well as quality.

The current rally will hopefully surge past $ 48, hopefully predict loyal investors.

The rally has not escaped analyst attention either. Many top-ranking analysts have now initiated not only coverage but many have upgraded this technology stock of the ‘old generation,’ along with other bluechip giants like Microsoft Corp and Cisco.

One of the first analysts to be backing Oracle Corporation (NYSE:ORCL)performance and perhaps initiating the stock market rally has been Societe General. Oracle has now been rated ‘buy’ over earlier rating of ‘Hold.’ The price target too has been fixed at $47 price target which means that there is a 14% upside for the technology giant.

New Growth with Cloud technology plus Big Data

Oracle Corporation (NYSE:ORCL) which is currently the dominant Relational Database software producer for enterprises holds nearly 48% of global market, with close competition coming in from the likes of Microsoft Corporation, International Business Machines Corp and a few other open source players.

The focus for Oracle was in building the market for the next generation of database management software and solutions. And it has done so rightly with its NoSql solutions and cloud-based backup solutions, by acquiring companies such as Responsys and some major names in cloud solutions and Big Data Analytics delivery segment.

This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.