Oracle Corp. (NASDAQ: ORCL) This well-known enterprise software company broke
from a double-top in September to a new two-year high. The breakout was
supported by very high volume and is a strong signal that even higher prices are
in its future. The acquisition of Sun Microsystems has transformed ORCL into a
software and systems vendor, according to S&P, which currently rates the stock a
five-star strong buy with a fundamental price target of $37. ORCL was one of
my top stock picks for January, and is still a good buy. The recent break to
over $32, after partially closing a gap, confirms that the uptrend is intact.
The trading target for ORCL is raised from $35 to $38. If you have questions or
comments for Sam Collins, please e-mail him at samailc@cox.net .
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