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Oracle Jumps on Q4 Results – Zacks Tale of the Tape
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Oracle Jumps on Q4 Results – Zacks Tale of the Tape
Oracle Corp. ( ORCL ) reported better-than-expected fiscal fourth-quarter results late Tuesday, despite sluggish sales. Shares of this Zacks #2 Rank (”Buy”) company have jumped more than 8% on higher-than-usual volume of approximately 50.5 million, compared to the average daily volume of about 32.6 million. The enterprise software company posted adjusted earnings of 44 cents per share, edging past the consensus estimate by a penny. Quarterly revenue slipped 5% to $6.9 billion, although
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We love a good growth story. After all, that’s why we invest in the tiniest companies on the market. It gives us the chance to get in on the ground floor — before the rest of the world tunes in to the potential that a particular company has to offer. But believe it or not, some very credible insiders don’t believe it’s possible to beat the market. If you’ve been investing for some time, you’ve probably come across Burton Malkiel’s A Random Walk Down Wall Street . Malkiel is a proponent of
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