• Entertainment
  • Finance
  • Marketing
  • Real Estate
  • Technology
  • Social
National Journal Community Of e-Experts
Finance 0

Oracle Corp: Tech Bounce Opportunity With 20%+ Upside

By Kurt Osterberg · On April 5, 2018
  • Tech stocks have been beaten up since peaking on March 12. An escalating trade war and privacy issues remain headwinds, and present a bargain-hunting opportunity.
  • A powerful stock screener is a great tool for identifying stocks likely to bounce back. Look for stocks that have dropped more than 10% in the past month, are up over the last year, and have positive expectations.
  • Oracle is a quality, battered company with Wall Street and quant valuation models forecasting appreciation, and negligible China exposure. Price and enterprise value multiples indicate the stock is oversold relative to its peers.
  • Playing a Tech Bounce

    Facing headlines of a trade war with China and privacy issues, the Tech sector has gotten beat down, creating an opportunity to bargain shop. Now is the time to be aggressive and grab a great stock at depressed values.

    The Tech sector peaked on March 12 based on the proxy Technology Select Sector SPDR ETF (XLK), and has dropped by nearly 7.5% since. Finbox.io’s stock screener makes quick work of finding stocks ready to rise from the ashes.

    Candidates were narrowed down initially by setting the filters to look for Information Technology stocks with at least a $1 billion market cap that have fallen 10%+ over the last month but had positive gains over the last year. This screen also looked for expectations of 15%+ upside using both the average price target based on at least five analysts and finbox.io’s fair value model.

    These filters returned five tech stocks that have recently tripped up, but have a positive trend and are undervalued from the perspective of qualitative and quantitative analysis. For a comparison of the results, valuations multiples were added along with beta and fair value Uncertainty. The view below sorts the stocks by their Enterprise Value-to-Free Cash Flow multiples.

    Source: Finbox.io

    To round out the picture, technicals were also included to ensure that the stocks have not fallen too much. A drop of more than 10% below the 50-day moving average indicates that support may have been broken. Another indicator of momentum is how close the stock is to its 52-week high, where a higher percentage shows better investor sentiment.

    Print Friendly, PDF & Email

    Share Tweet

    Kurt Osterberg

    You Might Also Like

    • Finance

      STEPN Sneaker NFTs Sell For $100, Previously Worth $1200

    • Finance

      NFT Prices in Free Fall – 5 NFT Collections to Start Buying Today

    • Finance

      5 NFTs Trending on Twitter Going Cheap to Invest in Now

    No Comments

    Leave a reply Cancel reply

    Top Finance

    • 3 Best Large-Cap Blend Mutual Funds For Enticing Returns 3 Best Large-Cap Blend Mutual Funds For Enticing Returns
    • What is Value Chain Analysis? How to Deliver Value & Gain a Competitive Advantage What is Value Chain Analysis? How to Deliver Value & Gain a Competitive Advantage
    • Hedge Funds In The US Hedge Funds In The US
    • 5 Ridiculously Useful Non-Monetary Reward Examples that Improve Employee Engagement 5 Ridiculously Useful Non-Monetary Reward Examples that Improve Employee Engagement
    • Chart: Amazon’s Dominance In Ecommerce Chart: Amazon’s Dominance In Ecommerce

    New Posts

    • STEPN Sneaker NFTs Sell For $100, Previously Worth $1200

      STEPN Sneaker NFTs Sell For $100, Previously Worth $1200

      June 20, 2022
    • NFT Prices in Free Fall – 5 NFT Collections to Start Buying Today

      NFT Prices in Free Fall – 5 NFT Collections to Start Buying Today

      June 20, 2022
    • 5 NFTs Trending on Twitter Going Cheap to Invest in Now

      5 NFTs Trending on Twitter Going Cheap to Invest in Now

      June 20, 2022
    • Bill Gates – ‘NFTs & Crypto Based on Greater Fool Theory’

      Bill Gates – ‘NFTs & Crypto Based on Greater Fool Theory’

      June 20, 2022
    • Actor Seth Green Pays $300,000 to Recover his Stolen BAYC NFT

      Actor Seth Green Pays $300,000 to Recover his Stolen BAYC NFT

      June 20, 2022
    • About
    • Contact Us
    • Privacy & Policy
    • Sitemap
    • Terms of use

    Copyright © 2018-2021 NJCEE. All Rights Reserved.