Juniper Networks Inc. (JNPR): Today's Featured Technology Winner

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 ( JNPR) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 1.4%. By the end of trading, Juniper Networks rose 20 cents (1.1%) to $17.55 on average volume. Throughout the day, 9.3 million shares of Juniper Networks exchanged hands as compared to its average daily volume of 7.6 million shares. The stock ranged in a price between $17.49-$17.98 after having opened the day at $17.83 as compared to the previous trading day's close of $17.35. Other companies within the Technology sector that increased today were: Crexendo ( EXE), up 25.1%, Tucows ( TCX), up 24.1%, Facebook Inc Class A ( FB), up 12.6%, and Synacor ( SYNC), up 12.3%.
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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 $9.17 billion and is part of the computer hardware industry. The company has a P/E ratio of 49.4, above the S&P 500 P/E ratio of 17.7. Shares are down 15% year to date as of the close of trading on Tuesday. Currently there are eight analysts that rate Juniper Networks a buy, no analysts rate it a sell, and 21 rate it a hold.

TheStreet Ratings rates Juniper Networks as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, 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, deteriorating net income and disappointing return on equity.

On the negative front, Netlist ( NLST), down 24.9%, Online Resources Corporation ( ORCC), down 19.6%, Trina Solar ( TSL), down 19.1%, and Asure Software ( ASUR), down 17.8%, were all laggards within the technology sector with International Business Machines ( IBM) being today's technology sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

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