Juniper Networks Inc (JNPR): Today's Featured Technology 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 Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.5%. By the end of trading, Juniper Networks rose $0.38 (1.5%) to $25.24 on average volume. Throughout the day, 11,889,265 shares of Juniper Networks exchanged hands as compared to its average daily volume of 8,492,600 shares. The stock ranged in a price between $24.62-$25.42 after having opened the day at $25.19 as compared to the previous trading day's close of $24.86. Other companies within the Technology sector that increased today were: MicroStrategy ( MSTR), up 18.2%, Vasco Data Security International ( VDSI), up 13.0%, Lam Research ( LRCX), up 11.5% and Liquid Holdings Group ( LIQD), up 9.5%.

Juniper Networks, Inc. designs, develops, and sells products and services for high-performance networks worldwide. The company operates in two segments, Platform Systems Division and Software Solutions Division. Juniper Networks has a market cap of $12.3 billion and is part of the computer hardware industry. Shares are up 10.2% year to date as of the close of trading on Wednesday. Currently there are 13 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. 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 negative front, Parametric Sound ( HEAR), down 28.3%, Parametric Sound ( PAMT), down 28.3%, Clearfield ( CLFD), down 25.5% and Sequans Communications ( SQNS), down 18.2% , were all laggards within the technology sector with Qualcomm ( QCOM) 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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