Oracle (ORCL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this software maker have returned -1.7% over the past month versus the Zacks S&P 500 composite's -2.4% change. The Zacks Computer - Software industry, to which Oracle belongs, has lost 2.4% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
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