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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.

Juniper Networks

(

JNPR

) pushed the Computer Hardware industry lower today making it today's featured Computer Hardware laggard. The industry as a whole closed the day down 0.9%. By the end of trading, Juniper Networks fell $1.26 (-4.5%) to $26.61 on heavy volume. Throughout the day, 15,426,634 shares of Juniper Networks exchanged hands as compared to its average daily volume of 9,376,600 shares. The stock ranged in price between $26.56-$27.59 after having opened the day at $27.27 as compared to the previous trading day's close of $27.87. Other companies within the Computer Hardware industry that declined today were:

Lantronix

(

LTRX

), down 11.3%,

Acorn Energy

(

ACFN

), down 7.5%,

Overland Storage

(

OVRL

TheStreet Recommends

), down 6.4% and

Crossroads Systems

(

CRDS

), down 6.4%.

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 $14.0 billion and is part of the technology sector. The company has a P/E ratio of 21.7, above the S&P 500 P/E ratio of 17.7. Shares are up 23.5% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Juniper Networks a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates

Juniper Networks

as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front,

Echelon Corporation

(

ELON

), up 17.0%,

Qumu

(

QUMU

), up 8.8%,

Gigamon

(

GIMO

), up 8.7% and

Mad Catz Interactive

(

MCZ

), up 7.4% , were all gainers within the computer hardware industry with

Finisar Corporation

(

FNSR

) 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

(

IYW

) while those bearish on the computer hardware industry could consider

ProShares Ultra Short Semiconductor

(

SSG

).

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