Oracle Corporation's rally was fueled by multiple expansion, not just earnings, as investors bet on Oracle’s unique position.
Have a look at the above chart and you'll see that if you invested $1,000 in Oracle stock 20 years ago, today your stake ...
Calamos Phineus Long/Short Fund rose 8.93% in Q2 (Class I shares at NAV), compared with gains of 10.6% and 5.0% for S&P 500 Index and its equal-weighted counterpart, respectively.