Juniper Networks (JNPR) in Focus: Stock Moves 6.6% Higher – Tale of the Tape

January 27, 2014 Technicals 0

Zacks

Juniper Networks Inc. (JNPR) was a big mover last session, as the company saw its shares rise by roughly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained almost 25% since Jan 9.

This wireless equipment company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Juniper Networks currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Nokia Corp. (NOK), Polycom, Inc. (PLCM) and Comtech Telecommunications Corp. (CMTL). While Nokia Corporation and Polycom hold a Zacks Rank #1 (Strong Buy), Comtech Telecommunications Corp. carries a Zacks Rank #2 (Buy).

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