2 Ex-Dividend Stocks With Buy Ratings
NEW YORK (TheStreet) -- The following stocks go ex-dividend Monday, meaning an investor must purchase the shares Thursday due to the Easter holiday weekend to qualify for the next dividend payment: Oracle(ORCL) and American Tower(AMT) .
Both of the stocks received a buy rating from TheStreet Ratings.
The software company announced on March 29 that it acquired ClearTrial, a clinical trial operations cloud solutions company.
"While street sentiment is still fairly sour on Oracle, we don't think the strength of Oracle's strategic position and, more importantly, its ability to manage through product transitions and competitive challenges is appreciated," Wells Fargo analysts wrote in a report Wednesday. "In our opinion, the stock has a lot of upside potential in the next year as new products come to market, the Fusion apps mature, and the EPS/cash flow machine delivers. We are reiterating our Outperform rating and think this period of consensus negativity is a great buying opportunity."
Forward Annual Dividend Yield: 0.8%
Rated "A- (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin was about the same as it was last year.
Oracle is extremely liquid. Its Quick Ratio is 2.96, which shows that the company can meet its short-term cash needs.
In the third quarter, stockholders' net worth increased 17.08% from the prior year.