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Juniper Sends Strong Signals for Cisco

Stock quotes in this article: JNPR , CSCO , ALU , NT  

Juniper's (JNPR Quote) outlook gives the networking sector an all-clear sign.

The Sunnyvale, Calif., tech shop on Thursday blew past fourth-quarter targets and raised guidance for the quarter and year ahead. The report helped quiet concerns that demand for new Internet gear was tightening as a slowing economy looms.

Shares of Juniper were climbing 94 cents, or 3.6%, to $27.24 Friday. Top rival Cisco (CSCO Quote) added 41 cents, or 1.6%, to $25.52. ...

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