During the tough period of 2020 which affected by coronavirus pandemic many stocks still suffering from the lockdown and increasing of COVID-19 new cases reports. However, by using and implementing the cloud technology and software deployment in many new businesses, companies shows impressive recovery plan, and start making profit smartly. Oracle, Amazon, and Netflix are a good company example, who develop and provide the high demand customer needs.
Oracle Corporation, NYSE: ORCL, is one of best software and technology development company, established on 1977. Oracle also develops and builds the complex software databases such as CRM, HCM, and SCM. Over the last several years, the ORCL stock has risen 10% for a market capitalization of $93.53 billion and a 52-week range of $60.89 to $85.97. Oracle reported earnings of $1.20 per share excluding some items on revenue of $10.44 billion, while analysts estimated earnings of $1.15 per share on revenue of $10.65 billion. Oracle closed at $55.27 with gain of $0.51 (+0.93%). The 25 analysts offering 12-month price forecasts for Oracle Corp have a median target of $56.00, with a high estimate of $70.00 and a low estimate of $30.00. The median estimate represents a 1.30% increase from the closing price. For the long-term of 5-year investment, ORCL is expected to gain about +25.74%.
Amazon, Inc. NASDAQ: AMZN, providing many services in the online marketing as well as cloud computing, and artificial intelligence. Amazon was created in 1994 by Jeff Bezos. Amazon has started recently developing the self-driving cars that provide the next generation of driving. Moreover, Amazon launches a dedicated aerospace and satellite business. Amazon gain profit $78.44 (2.93%) closing at $2,758.82. According to the 12-month analysis, AMZN is expected to hit the target of $2,825.47 as high forecast. $2,825.47 is the average expected price.
Netflix Inc, NASDAQ: NFLX, the top popular online multimedia streaming library, established in 1997 by Reed Hastings and Marc Randolph. The company provides a subscription-based streaming service inducting huge multimedia programs, offering a wide variety of award-winning TV shows, movies, anime, documentaries, and more. Over the past month, Netflix share price has risen by 5.60%. Netflix closed at $455.04 with the profit gain of $7.80 (1.74%). Netflix is forecasted with expectation in 12-months of the average price to target $469.20, the low forecast is $198.00, and the high forecast of $580.00.
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