Oracle Doubles Down on Dealmaking: 6 Stocks in 60 Seconds

by Alyssa Oursler | June 26, 2013 8:08 am

Netflix (NFLX[1]) — which is up more than 200% in the past 12 months and 130% year-to-date in 2013 — was stuck with an “underperform” rating from Bernstein Research this week on the grounds that the stock’s rally simply isn’t sustainable. InvestorPlace Editor Jeff Reeves still thinks NFLX makes a good near-term pick, though[2].

Analysts had better news for beverage giant Coca-Cola (KO[3]) this week as two new price targets predict around 20% upside for the stock[4]. KO has slightly lagged the broader market so far this year with gains just under 10%.

Cruise operator Carnival Corp. (CCL[5]) is getting a new CEO[6]. Micky Arison stepped down yesterday and will be replaced by long-time board member Arnold Donald. The company also posted a profit of $41 million in the most recent quarter — nearly triple what it earned in the year-ago period — thanks in part to lower fuel prices.

Men’s Wearhouse (MW[7]) recently fired founder and executive chairman George Zimmer — you know, the guy in the commerials — but now sources are saying Zimmer apparently is mulling a comeback[8] at his company.

Technology giant[9] Oracle (ORCL[10]) has been busy making deals this week, announcing a nine-year plan to merge cloud platforms with rival Salesforce.com (CRM[11]) yesterday and a partnership[12] with Microsoft (MSFT[13]) on Monday.

Last but not least, Neiman Marcus has filed for an IPO. The century-old department store plans to raise up to $100 million from the offering. IPO expert Tom Taulli says[14] not to expect the luxury offering to be the next Michael Kors (KORS[15]), though.

Check out past “6 Stocks in 60 Seconds” clips here.[16]

For more videos — including exclusive access to full-length interviews and early access to weekly updates — like us on Facebook[17] or follow us on Twitter[18]. As of this writing, Alyssa Oursler did not hold a position in any of the aforementioned securities. Follow her on Twitter: @alyssaoursler[19].

Endnotes:

  1. NFLX: http://studio-5.financialcontent.com/investplace/quote?Symbol=NFLX
  2. makes a good near-term pick, though: http://slant.investorplace.com/2013/06/netflix-rating-cut-should-you-sell-nflx/
  3. KO: http://studio-5.financialcontent.com/investplace/quote?Symbol=KO
  4. around 20% upside for the stock: http://slant.investorplace.com/2013/06/coca-cola-stock-gets-big-buy-targets-with-20-upside/
  5. CCL: http://studio-5.financialcontent.com/investplace/quote?Symbol=CCL
  6. getting a new CEO: https://investorplace.com/2013/06/carnival-cruise-line-to-get-first-new-ceo-in-34-years/
  7. MW: http://studio-5.financialcontent.com/investplace/quote?Symbol=MW
  8. mulling a comeback: https://investorplace.com/2013/06/fired-mens-wearhouse-founder-considers-comeback/
  9. Technology giant: https://investorplace.com/2013/06/should-i-buy-oracle-3-pros-3-cons/
  10. ORCL: http://studio-5.financialcontent.com/investplace/quote?Symbol=ORCL
  11. CRM: http://studio-5.financialcontent.com/investplace/quote?Symbol=CRM
  12. partnership: https://investorplace.com/2013/06/detente-microsoft-oracle-partner-on-cloud-services/
  13. MSFT: http://studio-5.financialcontent.com/investplace/quote?Symbol=MSFT
  14. IPO expert Tom Taulli says: https://investorplace.com/ipo-playbook/why-neiman-marcus-wont-be-the-next-kors/
  15. KORS: http://studio-5.financialcontent.com/investplace/quote?Symbol=KORS
  16. Check out past “6 Stocks in 60 Seconds” clips here.: https://investorplace.com/hot-topics/6-stocks-in-60-seconds/
  17. like us on Facebook: http://www.facebook.com/investorplace
  18. follow us on Twitter: https://twitter.com/InvestorPlace
  19. @alyssaoursler: https://twitter.com/alyssaoursler

Source URL: https://investorplace.com/2013/06/oracle-doubles-down-on-deals-6-stocks-in-60-seconds/

Copyright ©2024 InvestorPlace unless otherwise noted.