Juniper Networks, Inc. (JNPR - Free Report) recently announced the expansion of its campus portfolio. The move includes the extension of Ethernet VPN (EVPN)-Virtual Extensible LAN (VXLAN) fabric to enable a common architecture for campus and data center fabrics. The EVPN-VXLAN protocol is ideal for campus architectures as it provides layer-3 transport with layer-2 capabilities.
While EVPN is a standards-based technology that provides virtual multipoint bridged connectivity between different Layer 2 domains, VXLAN expands the Layer 2 network address space from four thousand to 16 million, largely solving the scaling issues witnessed in VLAN-based environments.
Interestingly, enterprises can build campus networks, using the same protocols that are available today, with Juniper’s new EVPN-VXLAN campus architecture. By extending EVPN-VXLAN beyond data centers, the company is providing building blocks for an enterprise-wide fabric, which is a key component in building a simple and automated multi-cloud.
Juniper’s Branch Portfolio
Juniper has enhanced its branch portfolio, with new capabilities in its Contrail SD-WAN solution, using NFX Series, SRX Series and vSRX Series WAN Edge devices combined with Contrail Service Orchestration. Contrail SD-WAN provides a simple and automated multi-cloud SD-WAN, which enables creating an evolvable architecture to simplify growth. It automates the WAN edge across Juniper virtual cloud endpoints and on-premises next-generation firewall. Contrail SD-WAN uses Contrail Service Orchestration to design and run the entire service lifecycle across NFX Series Network Services platforms, MX Series routers and SRX Series services gateways.
Resell Agreement With Aerohive Networks
Moreover, at the same time, the company has expanded its alliance with Aerohive Networks, a global Wi-Fi leader, to provide a cloud-managed, wired, wireless and WAN solution. The global resell agreement with Aerohive will enable Juniper to provide a unified cloud managed campus and branch networking solution — from Ethernet switches to enterprise-ready wireless access points.
5-Step Multi-Cloud Migration Framework
Juniper is expanding its 5-step multi-cloud migration framework to include evolution paths for campus and branch networks. The migration provides enterprises with a set of best practices and natural technology insertions for easier completion of the journey to a secure, and automated multi-cloud.
Share Price Performance
Over the past three months, shares of Juniper have outperformed the industry, with average return of 12% compared with 4.4% growth of the industry.
Zacks Rank and Stocks to Consider
Juniper currently has 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 and Motorola sport a Zacks Rank #1 (Strong Buy), Ubiquiti carries 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%.
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>