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Enter Symbol:
 
Oracle Corp (ORCL) [hlAlert]

Rating:
Buy ORCL
up 89.30 %

Pete Najarian Owns Oracle

Posted on: Saturday,  Mar 29, 2008  2:08 AM ET by Fast Money Pete Najarian

Fast Money Pete Najarian rated Buy Oracle Corp (NYSE: ORCL) on 03/26/2008, when the stock price was $19.45.
Since then, Oracle Corp has gained 89.31% as of 01/08/2016's recent price of $36.82.
If you would have followed this Fast Money Pete Najarian's recommendation on ORCL, you would have gained 89.3% of your investment in 2844 days.

Oracle Corporation is one of the world's leading suppliers of software for information management. The company develops, manufactures, markets and distributes computer software that helps corporations manage and grow their businesses. The company's software products can be categorized intotwo broad areas: Systems software and Internet business applications software.

Pete Najarian, the Pit Boss, is ranked one of the top 100 traders by Trader Monthly magazine, is co-founder of optionMONSTER.com, a news and information site for options traders. Following a football career that included several seasons with the NFL's Tampa Bay Buccaneers and Minnesota Vikings, Najarian took up options trading in 1992 joining his brother, Jon ‘DRJ’ Najarian, at Mercury Trading, a market-making firm at the Chicago Board Options Exchange (CBOE). Two years later, he assumed responsibility for Mercury's risk and arbitrage and later led its entry onto the New York Stock Exchange (NYSE). He also led Mercury's joint venture with M.J. Meehan, the third largest specialist firm on the NYSE. From 2000 to 2004, Najarian served as president of Mercury, and helped execute its sale to Citadel, one of the world's largest hedge funds. During this period, Najarian chaired the Exemption Committee of the CBOE for three years and served as a floor official for eight terms. More recently, he has been a founding member of One Chicago, an electronic exchange committed to becoming the global leader in futures on individual stocks, narrow-based indexes, and ETFs. He is the co-founder of Hedgehog stock, options, and futures trading platform and together with brother Jon, co-developed the Heat Seeker™ and complementary programs for tracking unusual buying activity in stocks, options, and futures. Najarian is one of the 'Fast Money Five' on CNBC’s “Fast Money,” and also contributes to CBOE-TV, the exchange's popular webcast. Najarian graduated cum laude from the University of Minnesota with a degree in genetic engineering. The following stocks are owned by Pete Najarian based on the CNBC disclosures.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/26/2008 4:00 PM Buy
None
19.45
as of 12/24/2008
1 Week up  3.83 %
1 Month up  10.25 %
3 Months up  17.93 %
1 YTD up  11.61 %

(*) Stock Price at the time of the recommendation.
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