Oracle Corporation (ORCL): Bears Won!


Oracle Corporation (NYSE:ORCL) has made a steady progress on the market so far this year and with all the acquisitions over the past few years, the company seems to be everywhere in the computer world. Almost every computing device has an Oracle Corporation (NYSE:ORCL) product in it.

Oracle Corporation (ORCL): Bulls Vs. Bears

Josh Brown and Dan Nathan were having a Bulls Vs. Bears discussion on CNBC where Brown was bullish on Oracle Corporation (NYSE:ORCL). He feels that the company was perfect technically. He said hat the moving average on the market for Oracle Corporation (NYSE:ORCL) has been ascending so far this year. Josh also said that anyone would invest in Oracle after seeing the market figures so far. Oracle Corporation’s valuation is now 8% away from its all time high which was in the year 2000.

Brown also said the shares buy back worth $10 billion and a forward P/E of less than 14 added to the $40 billion of total revenue makes it a great investment now. He felt that there is nothing that can go wrong with the stock and at his point, it is a must buy.

Dan Nathan on the other hand had a bearish approach on Oracle Corporation (NYSE:ORCL) and said that there is a lot not to like about the stock. He pointed to the growth of the company which is 8% and about the sales growth which is about 3%. Nathan felt that there is nothing interesting for him at the current growth rates of Oracle Corporation (NYSE:ORCL). Here is what he said about the acquisitions made by the company:

“This company has made 100 acquisitions in the last 10 years for $50 billion and they are not growing”

Nathan felt that with these figures, Oracle is only a good buy at $40 or a little lower. There was a poll going on while his discussion took place and Nathan won it.

Disclosure: None

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