Juniper Networks, Inc. (JNPR - Free Report) recently launched the new MX Series 5G Universal Routing Platform, along with other software innovations. The move is aimed at providing required programmability, performance and flexibility for rapid service deployment in the cloud economy.
The MX Series routers offer digital transformation for service providers, cloud operators and enterprises in the cloud era. A robust portfolio of Software Defined Network (SDN)-enabled routing platform provides industry-leading system capacity, density and performance.
MX Series 5G Universal Routing Platform
The fifth generation of the MX platform combines the best of software and hardware-based networking to equip carrier, cloud and enterprise customers for the evolving technological and business demands.
The platform integrates with SDN controllers such as the Contrail Cloud Platform, making the MX Series platform an SDN gateway between physical and virtual network elements. Consistent feature set across physical and virtual MX Series platforms ensures operational and service consistency.
It supports broadest range of business, residential, infrastructure and enterprise applications and services. The platform offers always-on reliability and high performance at massive scale led by a highly redundant platform powered by Junos OS. It offers future-proof scale for long-term growth and investment protecting upgrade paths for existing MX Series customers.
Juniper is capitalizing on the growing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence.
The company designed the platform for unparalleled performance, scale and freedom of choice, with improved agility.
Share Price Performance
Juniper has introduced several products and enhancements over the last few years. We consider this to be a real differentiator, which gives it a competitive advantage.
The company is expected to benefit from the higher spending pattern among carriers to upgrade their networks to support the incremental growth in data traffic.
Over the past three months, Juniper’s shares have outperformed the industry with an average return of 6.4% compared with 2% growth for the latter.
Zacks Rank and Stocks to Consider
Juniper currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Comtech Telecommunications Corp. (CMTL - Free Report) , Motorola Solutions, Inc. (MSI - Free Report) and Ubiquiti Networks, Inc. (UBNT - Free Report) . While Comtech sports a Zacks Rank #1 (Strong Buy), Motorola and Ubiquiti carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Comtech has a long-term earnings growth expectation of 5%. It beat earnings estimates in each of the trailing four quarters, the average being 123.7%.
Motorola has a long-term earnings growth expectation of 8%. It beat earnings estimates in each of the trailing four quarters, the average being 12.1%.
Ubiquiti has a long-term earnings growth expectation of 18.6%. It exceeded earnings estimates thrice in the trailing four quarters with an average positive surprise of 8.9%.
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