Oracle Hits 9-Year High

A case for the bulls. Reporting solid quarterly results, ORCL shares are now trading at 9-year high:



Jefferies: "ORCL remains an attractive large-cap software investment, given new product introductions, actions to drive higher profitability and growth in the Sun business,"

In Q1 the company posted a 25 percent surge in software sales as well as a pickup in its new hardware business.

That Sun acqusition is looking good now.