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Oracle (ORCL) Releases Java SE 11 With Robust Enhancements
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Oracle (ORCL - Free Report) recently released Java Special Edition (SE) version 11 or Java Development Kit (JDK) 11. Notably, the new Java version is compatible with advanced secure Internet protocols and cryptographic standards of HTTP/2 and TLS 1.3, to mention a few.
The developers can shift to Java SE 11 from previous versions, including Java SE 8 as per their business requirements by leveraging the company’s latest Long Term Support (“LTS”) release.
Further, Oracle announced that customers will be able to avail various security and debugging enhancements for the new JDK 11 through 2026. Meanwhile, the company intends to release the next LTS in September 2021.
With the new updated features and the timely release of Java SE 11, the company aims to provide software developers with an industry standard architecture.
Noteworthy Features
Java 11 is loaded with 17 new enhancements. The introduction of nests, extension of Java class-file formats to support CONSTANT_Dynamic, Z Garbage Collector (ZGC) and Flight Recorder are the features that really stand out.
The nest-based access control enables the developers to access class files of other members’ pertaining to the same code without compilers.
Dynamic class-file constants attempt to minimize costs and troubles related to creating new structures of class-file constants by providing more options to bolster performance and expressivity.
The new ZGC feature is expected to enhance efficiency as it comes with lower latency overhead and constrained allocation limit.
Flight Recorder enhances the latest Java version with low overhead data collection infrastructure apt for troubleshooting Java apps and HotSpot JVM.
What Investors Should Know
Talking about share price performance, Oracle stock has returned 10.5% year to date, compared with the industry’s rally of 30%.
This underperformance can primarily be attributed to investors’ concern over slower paced growth in company’s cloud revenues compared with other cloud vendors.
Nonetheless, the company is expected to gain investors’ confidence with the latest release of Java SE 11. Java has been a favorite among software developers, application builders for quite a long time.
In fact, Java scored the highest rating of 17.4%, placing it at rank #1 in the 2018 TIOBE index this September. Notably, TIOBE index assesses the most popular programming languages. Notably, Java got the highest rating of 13.3%, with the top-rank in 2017 as well.
Moreover, per Web technology surveys, notable websites utilizing Java are Linkedin.com, Salesforce.com, Alibaba.com, among others.
Java SE Subscription allows users to support Oracle’s Java SE installations in enterprises in a cost effective manner. Moreover in the press release, the company states that, “Java is also the #1 developer choice for cloud, with over 21 billion cloud-connected Java virtual machines.”
We believe the new LTS release of Java 11 loaded with robust features, positions Oracle well to sustain the dominance it enjoys in the software programming market.
However, competition from other software players striving to enhance their platforms with robust machine learning capabilities is a headwind.
Salesforce, KLA-Tencor and Apple have a long-term earnings growth rate of 25%, 9.8% and 9.7%, respectively.
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Image: Bigstock
Oracle (ORCL) Releases Java SE 11 With Robust Enhancements
Oracle (ORCL - Free Report) recently released Java Special Edition (SE) version 11 or Java Development Kit (JDK) 11. Notably, the new Java version is compatible with advanced secure Internet protocols and cryptographic standards of HTTP/2 and TLS 1.3, to mention a few.
![](https://staticx-tuner.zacks.com/images/zadmin_tuner_image/orcl_09_27_2018.jpg)
The developers can shift to Java SE 11 from previous versions, including Java SE 8 as per their business requirements by leveraging the company’s latest Long Term Support (“LTS”) release.
Further, Oracle announced that customers will be able to avail various security and debugging enhancements for the new JDK 11 through 2026. Meanwhile, the company intends to release the next LTS in September 2021.
With the new updated features and the timely release of Java SE 11, the company aims to provide software developers with an industry standard architecture.
Noteworthy Features
Java 11 is loaded with 17 new enhancements. The introduction of nests, extension of Java class-file formats to support CONSTANT_Dynamic, Z Garbage Collector (ZGC) and Flight Recorder are the features that really stand out.
The nest-based access control enables the developers to access class files of other members’ pertaining to the same code without compilers.
Dynamic class-file constants attempt to minimize costs and troubles related to creating new structures of class-file constants by providing more options to bolster performance and expressivity.
The new ZGC feature is expected to enhance efficiency as it comes with lower latency overhead and constrained allocation limit.
Flight Recorder enhances the latest Java version with low overhead data collection infrastructure apt for troubleshooting Java apps and HotSpot JVM.
What Investors Should Know
Talking about share price performance, Oracle stock has returned 10.5% year to date, compared with the industry’s rally of 30%.
This underperformance can primarily be attributed to investors’ concern over slower paced growth in company’s cloud revenues compared with other cloud vendors.
Nonetheless, the company is expected to gain investors’ confidence with the latest release of Java SE 11. Java has been a favorite among software developers, application builders for quite a long time.
In fact, Java scored the highest rating of 17.4%, placing it at rank #1 in the 2018 TIOBE index this September. Notably, TIOBE index assesses the most popular programming languages. Notably, Java got the highest rating of 13.3%, with the top-rank in 2017 as well.
Moreover, per Web technology surveys, notable websites utilizing Java are Linkedin.com, Salesforce.com, Alibaba.com, among others.
Java SE Subscription allows users to support Oracle’s Java SE installations in enterprises in a cost effective manner. Moreover in the press release, the company states that, “Java is also the #1 developer choice for cloud, with over 21 billion cloud-connected Java virtual machines.”
We believe the new LTS release of Java 11 loaded with robust features, positions Oracle well to sustain the dominance it enjoys in the software programming market.
However, competition from other software players striving to enhance their platforms with robust machine learning capabilities is a headwind.
Zacks Rank & Key Picks
Oracle carries a Zacks Rank #3 (Hold).
Salesforce.com Inc (CRM - Free Report) , KLA-Tencor Corporation (KLAC - Free Report) and Apple Inc. (AAPL - Free Report) are a few stocks worth considering, in the same sector. All the three stocks sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Salesforce, KLA-Tencor and Apple have a long-term earnings growth rate of 25%, 9.8% and 9.7%, respectively.
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Click here to see the 5 stocks >>