Enterprise software may not be sexy but it can nonetheless be highly profitable -- despite the economic environment. If you want an example of this, check out JDA Software Group (NASDAQ: JDAS), which develops supply chain management solutions.

In Q2, the company reported an 8% increase in revenues to $99.5 million. In fact, new software sales came to $27.6 million, which was a record.

Continue reading JDA's software earnings show that in this environment enterprise software is actually sexy

JDA's software earnings show that in this environment enterprise software is actually sexy originally appeared on BloggingStocks on Mon, 20 Jul 2009 17:20:00 EST. Please see our terms for use of feeds.

Continue reading Doomsday Scenario: Bankers sue bankers, MSFT's Netbooks folly

Doomsday Scenario: Bankers sue bankers, MSFT's Netbooks folly originally appeared on BloggingStocks on Thu, 05 Mar 2009 17:00:00 EST. Please see our terms for use of feeds.

This post is part of a report entitled "Six-pack of technology favorites." You can read about the other top tech stock picks here.

"Technically, Oracle (NASDAQ: ORCL) is now set up nicely in a base for a breakout," says Leo Fasciocco, a technical analyst who specializes in stocks breaking out above previous resistance levels.

In his Ticker Tape Digest, the newsletter advisor explains, "ORCL is in a good spot to be accumulated for a breakout, supported by favorable earnings prospects. And as a big cap play, it is most suitable for conservative investors."

"Oracle, based in Redwood City, California, sells a wide range of enterprise software solutions, including databases, middleware, and applications. With annual revenues of $22.4 billion, ORCL is one of the largest software companies. Its updates and product support are the most profitable segment of its operations. It accounts for 46% of revenues.

"The company has an active acquisition program that is a fundamental component of its strategy. ORCL has spent more than $28 billion in acquisitions the last four fiscal years.

"The stock's long-term chart shows a powerful run up to 40 during the 2000 bull market. It then went south with the stock market. It has since been working its way back. Short-term, the stock rallied from 18 to 23 and has formed a cup-and-handle base. That type of pattern is sometimes found with big caps. The stock is now set up nicely in a base for a potential breakout.

Continue reading Breakout gains 'foreseen' for Oracle (ORCL)

Breakout gains 'foreseen' for Oracle (ORCL) originally appeared on BloggingStocks on Sat, 30 Aug 2008 11:00:00 EST. Please see our terms for use of feeds.