Juniper Networks Inc. (JNPR): Today's Featured Computer Hardware Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Juniper Networks fell $0.22 (-1.1%) to $19.52 on average volume. Throughout the day, 6,274,046 shares of Juniper Networks exchanged hands as compared to its average daily volume of 5,721,400 shares. The stock ranged in price between $19.47-$19.89 after having opened the day at $19.73 as compared to the previous trading day's close of $19.74. Other companies within the Computer Hardware industry that declined today were:
China TechFaith Wireless Comm Tech
(
), down 7.2%,
(
), down 5.1%,
(
TheStreet Recommends
), down 5.0% and
(
), down 4.5%.
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 $10.1 billion and is part of the technology sector. Shares are up 1.2% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Juniper Networks a buy, 1 analyst rates it a sell, and 17 rate it a hold.
TheStreet Ratings rates
Juniper Networks
as a
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year.
- You can view the full Juniper Networks Ratings Report.
On the positive front,
(
), up 4.0%,
(
), up 3.5%,
(
), up 3.1% and
(
), up 3.0% , were all gainers within the computer hardware industry with
(
) being today's featured computer hardware industry leader.
- Use our computer hardware section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
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
(
).
- Find other investment ideas from our top rated ETFs lists.
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