Juniper Networks (JNPR), a one-time high flyer from the dot com era, has recently been ruffling feathers. After some very poor earnings and stock performance over the last few years, JNPR is poised to gain some precious ground, rising to levels it hasn’t seen in years. In fact, it just closed at over a two year high on some very strong volume. Not only that, the very solid relative strength is quite notable. The recent gap higher may hold here, given the strong turnover and solid technicals. This could move well into the thirties sooner rather than later, and if their earnings finally come through, it might push the stock even higher.
