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 (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].

  1. NFLX:
  2. makes a good near-term pick, though:
  3. KO:
  4. around 20% upside for the stock:
  5. CCL:
  6. getting a new CEO:
  7. MW:
  8. mulling a comeback:
  9. Technology giant:
  10. ORCL:
  11. CRM:
  12. partnership:
  13. MSFT:
  14. IPO expert Tom Taulli says:
  15. KORS:
  16. Check out past “6 Stocks in 60 Seconds” clips here.:
  17. like us on Facebook:
  18. follow us on Twitter:
  19. @alyssaoursler:

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