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

Oracle Corporation ORCL 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).

Oracle Corporation Price

Oracle Corporation Price | Oracle Corporation Quote

Another top-ranked stock in the Computer - Software space is Konami Holdings Corporation KNMCY, 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

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