ERP News

Oracle (ORCL) a Buy on Healthy Earnings Momentum

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The current recommendation of Buy for Oracle Corporation(NYSE:ORCL) is derived using the Portfolio Grader stock evaluator, which incorporates Louis Navellier’s investing methodology. The current Portfolio Grader recommendation on the shares has been in place for 4 months.

The company is a member of the 141 company Software GICS industry group, which is a segment of the 704 company GICS Information Technology sector. ORCL has a market value of $202.8 billion which is in the top 10% of its industry group The ranking for ORCL by Portfolio Grader places it 51 among the 141 companies in this industry group, giving it an above-average position.

Portfolio Grader currently ranks the Information Technology sector number 6 among the 12 sectors in its universe putting it in the third quartile of all the GICS sectors. The Software industry group is ranked 28 among the 69 industry groups within the GICS sectors, placing it near the average in terms of the Navellier scoring system.

ORCL has attained above-average scores in 4 of the 8 fundamental areas analyzed by Portfolio Grader and average or below-average grades in 4 of the areas used in the ranking of company stocks.

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Article Credit:InvestorPlace

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