Industry

2 Sizzling Hot Tech Stocks: Juniper Networks (JNPR), T-Mobile US (TMUS)

Juniper Networks, Inc. (JNPR) ended last trading session with a change of -0.14 percent. It trades at an average volume of 3.46M shares versus 3.63M shares recorded at the end of last trading session. The share price of $27.97 is at a distance of 33.6 percent from its 52-week low and down -3.91 percent versus its peak. The company has a market cap of $10.61B and currently has 379.25M shares outstanding. The share price is currently -0.45 percent versus its SMA20, 0.55 percent versus its SMA50, and 11.97 percent versus its SMA200. The stock has a weekly performance of -0.67 percent and is -0.68 percent year-to-date as of the recent close.

On March 13, 2017 Juniper Networks, Inc. (JNPR) announced details of its participation at the MPLS + SDN + NFV World Congress in Paris as a Diamond Sponsor. The event will be the gathering point for more than 1,500 representatives from service providers, networking companies and enterprises from 65 countries to discuss the evolution of MPLS, software-defined networking (SDN) and network functions virtualization (NFV).

This year’s overarching theme is how to evolve from network management to orchestration. In this context, Juniper will be advocating autonomous networks that can configure, monitor and maintain themselves, adapting to their operating environments with little or no human intervention.

T-Mobile US, Inc. (TMUS) recently recorded 0.59 percent change and currently at $61.84 is 70.55 percent away from its 52-week low and down -5.46 percent versus its peak. It has a past 5-day performance of -1.59 percent and trades at an average volume of 4.63M shares. The stock has a 1-month performance of -0.66 percent and is 7.53 percent year-to-date as of the recent close. There were about 821.96M shares outstanding which made its market cap $50.83B. The share price is currently -0.49 percent versus its SMA20, 1.92 percent versus its SMA50, and 21.22 percent versus its SMA200.

On March 14, 2017 T-Mobile US, Inc. (TMUS) announced that T-Mobile USA, Inc. (“T-Mobile USA”), a wholly-owned subsidiary, has agreed to sell $500.0 million aggregate principal amount of 4.000% Senior Notes due 2022 (the “2022 notes”), $500.0 million aggregate principal amount of 5.125% Senior Notes due 2025 (the “2025 notes”) and $500.0 million aggregate principal amount of 5.375% Senior Notes due 2027 (the “2027 notes” and together with the 2022 notes and the 2025 notes, the “notes”) in a registered public offering. The offering of the notes is scheduled to close on March 16, 2017, subject to satisfaction of customary closing conditions.

 

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