SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Oracle Corporation (ORCL)
ORCL 239.25-1.9%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Marcellus who wrote (18768)1/19/2006 12:15:38 PM
From: Qualified Opinion   of 19079
 
Oracle Seen As A Top Pick For 2006
David Ng, 01.19.06, 10:53 AM ET

Oracle

Piper Jaffray analyst David Rudow said Oracle is one of the "most interesting" stocks to own for 2006.

"The shares are very cheap compared to the [peer] group," the analyst wrote in a recent report, "and we think this disparity will improve once the Siebel acquisition is completed and earnings growth is the focus."

Rudow advised investors to buy Oracle (nasdaq: ORCL - news - people ) shares, saying the company's 20% earnings growth target is achievable.

"We believe the company will continue its consolidation strategy," the analyst said.

"Given the current state of software and buyer trends, we think this is the right strategy for Oracle, despite the negative sentiment around the stock."

Rudow expects Oracle to acquire target companies in the future to speed its product roll-outs in certain sectors.

As for Oracle's roll-out of its Fusion product, the analyst said Oracle is moving in the right direction and could see increased maintenance revenues and more customers committing to the Oracle stack over the coming years.

Rudow reiterated an "outperform" rating and $17 target price on Oracle.

Link: forbes.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext