The Battle Road Tech Index™ climbed 3.4 percent for the week ended June 5, 2009, closing at 1314. Year-to-date, the index is up 31 percent, having started at a value of 1000. For the week, 18 of the 25 Index components were in positive territory. The following companies were notable movers for the week: Amazon.com [...]
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Oracle (NASDAQ: ORCL) announced in a surprise move this morning that it would acquire Sun Microsystems (NASDAQ: JAVA) for $7.4 billion. With the move, Oracle now competes with nearly all of the largest technology companies, including Microsoft in middleware and server operating systems, SAP and Salesforce.com in business applications, IBM, Cisco, HP, and Dell in [...] |
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Battle Road Research, an equity research firm, serves fund managers, analysts, and financial advisors with an independent voice on technology, healthcare, solar power, and education stocks. Battle Road analysts place an equal weight on industry and securities analysis in an effort to seek out stocks to buy and stocks to avoid. As an integral part of our research process, we tap into a network of industry sources who provide insight into the companies we cover. We present our conclusions in a straight-forward Buy, Hold, Sell format. As a matter of principle, we refrain from investment banking, company-paid reports, and personal investment in the stocks we research. Visit us on the web at Battleroad.com. |
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