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

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 higher today making it today's featured computer hardware winner. The industry as a whole closed the day down 0.5%. By the end of trading, Juniper Networks rose $0.59 (2.8%) to $21.34 on heavy volume. Throughout the day, 11,249,236 shares of Juniper Networks exchanged hands as compared to its average daily volume of 6,967,000 shares. The stock ranged in a price between $20.63-$21.43 after having opened the day at $20.85 as compared to the previous trading day's close of $20.75. Other companies within the Computer Hardware industry that increased today were: Silver Spring Networks ( SSNI), up 11.4%, Lexmark International ( LXK), up 5.4%, Rimage Corporation ( RIMG), up 2.8% and Lantronix ( LTRX), up 2.5%.

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 $10.7 billion and is part of the technology sector. Shares are up 5.5% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Juniper Networks a buy, 1 analyst rates it a sell, and 16 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 increase 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 also find weaknesses including disappointing return on equity and weak operating cash flow.

On the negative front, Silicom ( SILC), down 9.5%, Interphase ( INPH), down 5.7%, Xplore Technologies Corporation ( XPLR), down 5.2% and Dataram Corporation ( DRAM), down 4.1% , were all laggards within the computer hardware industry with SanDisk ( SNDK) being today's computer hardware industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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