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Kicking The Competition's SaaS

Jul. 16, 2013 2:49 PM ETORCL, SAP, IBM
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Activist Stocks's Blog
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Oracle (NASDAQ: ORCL) appears to be presenting investors with quite the buying opportunity, being down over 11% during the past month. The reason? Oracle's fiscal four quarter results came in below expectations, once again disappointing investors. But is the bad news overblown? Quite possibly.

Software-as-a-Service (SaaS) is all the rage these days. Adobe is making the move, transitioning its services to the cloud, and Oracle acquired a number of cloud companies in 2012, including RightNow for $1.5 billion and Taleo for $1.9 billion.

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