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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model


Juniper Networks



) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Juniper Networks fell 49 cents (-2.7%) to $17.74 on light volume. Throughout the day, seven million shares of Juniper Networks exchanged hands as compared to its average daily volume of 9.6 million shares. The stock ranged in price between $17.65-$18.19 after having opened the day at $18.14 as compared to the previous trading day's close of $18.23. Other companies within the Computer Hardware industry that declined today were:




), down 7.3%,

Dataram Corporation



), down 5.4%,

OCZ Technology Group



), down 3.7%, and

Mad Catz Interactive



), down 3.7%.

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Juniper Networks, Inc. designs, develops, and sells products and services that provide network infrastructure for networking requirements of service providers, enterprises, governments, and research and public sector organizations worldwide. Juniper Networks has a market cap of $9.94 billion and is part of the


sector. The company has a P/E ratio of 38, below the average computer hardware industry P/E ratio of 38.3 and above the S&P 500 P/E ratio of 17.7. Shares are down 10.5% year to date as of the close of trading on Thursday. Currently there are eight analysts that rate Juniper Networks a buy, no analysts rate it a sell, and 19 rate it a hold.

TheStreet Ratings rates Juniper Networks as a


. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income.

On the positive front,

Aruba Networks



), up 14.4%,




), up 5.5%,




), up 4.1%, and

Key Tronic Corporation



), up 4%, were all gainers within the computer hardware industry with

International Business Machines



) being today's featured computer hardware industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer hardware industry could consider

iShares Dow Jones US Technology



) while those bearish on the computer hardware industry could consider

ProShares Ultra Short Semiconductor