Paloma Partners Management Co Cuts Stake in Juniper Networks, Inc. (NYSE:JNPR) – Fairfield Current
https://www.fairfieldcurrent.com/2018/09/30/paloma-partners-management-co-trims-position-in-juniper-networks-inc-jnpr.html
Paloma Partners Management Co Cuts Stake in Juniper Networks, Inc. (NYSE:JNPR) – Fairfield Current
https://www.fairfieldcurrent.com/2018/09/30/paloma-partners-management-co-trims-position-in-juniper-networks-inc-jnpr.html
Juniper's 5G push is headed for a disaster. Contrail is not gaining any traction. I hate to burst anyones's "Fungibubble" but just like Contrail, it would be foolish to count on that to bring new life. Routing is down with pneumonia and gasping for air. Switching is already dead. Security, well no one really cares if they are dead or alive. So what's good?
All there is to look forward to at Juniper is more Layoffs.
There is nothing more permanent in life than Change, and the only change we can expect at Juniper is less good people working there.
$35 is possible only on really good earnings, which seems unlikely. I said JNPR will make its descent towards $25 which is a drop of 15%, not 30%. 30% drop means approaching $20, I clearly stated this will happen on bad earnings.
At $30, JNPR looks a bit overvalued which could be the reason the fund managers trimmed their position.
Honestly? And you go on to say JNPR will drop 30%? The reality is some analysts preficted JNPR will reach a $35 target. Didn't say when and how. We all know that JNPR has the potential to be a great company for investors and employees alike. Unfortunately, the way things are run, sporadic successes can't guarantee that type of growth. The best bet is for a spike when fungible is s---ed in, or if Contrail has some success. These are both unlikely, from what I can tell. There are no other developments that convince me otherwise.
Honestly, this article means nothing. These large funds rebalance their portfolio periodically. Juniper has been trading between $20-$30 for the last few years. Since Juniper is approaching $30, it is wise to trim positions and wait for a pullback. I think JNPR stock will slowly make its descent towards $25, bad earnings will push it towards $20. Unless Juniper starts growing it is unlikely it will break past $30.
I bought all their shares