Market Overview

Go Long Salesforce Against Oracle

Related CRM
18 Internet Stocks And What To Do With Them
33 Biggest Movers From Yesterday
Old National Bancorp Buys Vanguard Value, Vanguard Short-Term Inflation-Protected Securities, ... (GuruFocus)

Are (NYSE: CRM) and Oracle (NASDAQ: ORCL) the perfect pair trade?

Yes, says Brett Golden, the president and co-founder of The Chart Lab and Chart Lab Pro.

"Long CRM, short Oracle, and you would have massively outperformed," Golden told Benzinga. He also thinks that Oracle should buy Salesforce "because I think it's really taking a toll on Oracle," but notes that ORCL is an investor in CRM.

During our discussion, Golden provided some analysis on the market.

"Mutual funds [are] like driving a car without brakes," he said. "That's why a lot of the hedge fund managers were up flat in 2008 and mutual funds were down 40%. The gentleman that runs a $100 million in the algorithm we use, he was up 38% in 2008, and that was based largely on the algorithms we use."

Golden's main goal, he said, is to help the masses. "This is not for the hedge fund manager," he said. "That's not what the product is for. It's for the masses; for someone that goes to Benzinga, or even a mom-and-pop that wants to type in their stock and it's at a strong sell, they just know [they shouldn't] buy it right now. That's the solution I'm trying to solve -- help the masses make better investment decisions."

Ultimately, golden thinks he has almost accomplished this goal. "We're not quite there, because I have to launch phase two," he explained. "I would have loved to have launched everything at first, but the truth is that if I didn't have a product or if people didn't like what I put together with phase one, then I didn't have a product at all. So now I started to build phase two. It feels good when someone e-mails you back and says, 'Well thought out design. You guys are doing a great job. Keep it up.'"

Follow me @LouisBedigianBZ

Posted-In: Brett Golden Chart Lab Pro Oracle SalesforceLong Ideas Short Ideas Tech Trading Ideas


Related Articles (ORCL + CRM)

View Comments and Join the Discussion!