This company is similar to Cisco but on a smaller scale . In a environment where most Growth stocks are trading 50+ PE ratio JNPR is actually trading at 26 which is lower than .
MSFT.
Broke out from underneath 9yr resistance last week , Retest that breakout and held firm.
Next target is 45$ which it could possibly reach by next summer. That's a 40% move.
Stop loss at 31$ support.
MSFT.
Broke out from underneath 9yr resistance last week , Retest that breakout and held firm.
Next target is 45$ which it could possibly reach by next summer. That's a 40% move.
Stop loss at 31$ support.