Watch Software/Cloud-Enabler Stocks Following Informatica's (INFA) Q2 Warning (ORCL) (TIBX) (SAP) (CTXS)
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Traders should watch stocks in the Software & Programming sector Thursday afternoon following Informatica's (Nasdaq: INFA) second-quarter warning. While the stock is currently halted by the NASDAQ, investors could trade the following stocks as possible sympathy plays:
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- Oracle (Nasdaq: ORCL);
- SAP (NYSE: SAP);
- TIBCO (Nasdaq: TIBX);
- Citrix (Nasdaq: CTXS);
- VMware (NYSE: VMW);
- Red Hat (NYSE: RHT); and
- Qlik Technologies (Nasdaq: QLIK).
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