ETFs Are Buying Oracle (ORCL) on Thursday

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This article first appeared on GuruFocus. ETFs bought a net $111.1 million of Oracle (ORCL) stock in Thursday's session, with 47 funds adding shares against 12 that sold. The buying followed a much larger net inflow of $1.34 billion on Nov. 4, and the stock has now drawn net ETF buying for two straight days. That streak followed a mixed stretch: net outflows of $4.5 million on Nov. 3 and $16.9 million on Oct. 30, offset by a $10.0 million net purchase on Nov. 2. ETF activity has leaned toward accumulation over the past week. Warning! GuruFocus has detected 5 Warning Signs with ORCL. Is ORCL fairly valued? Test your thesis with our free DCF calculator. See all ETF and guru trades in ORCL on its ORCL guru trades page.