Tuesday, May 02, 2006

Favorite Stock Idea For 2006: Oracle Corp. UP 20%

Going into 2006, our favorite stock idea was Oracle Corporation. Since publishing the newsletter, the stock is up over 20%. While investors continue to focus on commodity and old-time industrial companies, selected-technology stocks are performing pretty well.

As short-term interest rates continue to rise in many parts of the world, cyclical earnings and commodities are the most exposed to a slowdown. Oracle's business is just beginning to pick up and has a number of years of earnings growth in front of it.

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