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Enter Symbol:
 
Juniper Networks, Inc. (JNPR) [hlAlert]

Rating:
Buy JNPR
down 7.20 %

Najarian Owns JNPR Calls

Posted on: Sunday,  Sep 21, 2008  2:26 AM ET by Fast Money Pete Najarian

Fast Money Pete Najarian rated Buy Juniper Networks, Inc. (NYSE: JNPR) on 05/27/2008, when the stock price was $28.02.
Since then, Juniper Networks, Inc. has lost 7.21% as of 01/28/2016's recent price of $26.00.
If you would have followed this Fast Money Pete Najarian's recommendation on JNPR, you would have lost 7.2% of your investment in 2802 days.

Juniper Networks Inc. is a provider of Internet infrastructure solutions that enable Internet service providers and other telecommunications service providers to meet the demands resulting from the rapid growth of the Internet. The company delivers next generation Internet backbone routers that are specifically designed, or purpose-built, for service provider networks and offer our customers increased reliability, performance, scalability, interoperability and flexibility, and reduced complexity and cost compared to current alternatives.

Pete Najarian, the Pit Boss, is ranked one of the top 100 traders by Trader Monthly magazine, is co-founder of optionMONSTER.com, a news and information site for options traders. Following a football career that included several seasons with the NFL's Tampa Bay Buccaneers and Minnesota Vikings, Najarian took up options trading in 1992 joining his brother, Jon ‘DRJ’ Najarian, at Mercury Trading, a market-making firm at the Chicago Board Options Exchange (CBOE). Two years later, he assumed responsibility for Mercury's risk and arbitrage and later led its entry onto the New York Stock Exchange (NYSE). He also led Mercury's joint venture with M.J. Meehan, the third largest specialist firm on the NYSE. From 2000 to 2004, Najarian served as president of Mercury, and helped execute its sale to Citadel, one of the world's largest hedge funds. During this period, Najarian chaired the Exemption Committee of the CBOE for three years and served as a floor official for eight terms. More recently, he has been a founding member of One Chicago, an electronic exchange committed to becoming the global leader in futures on individual stocks, narrow-based indexes, and ETFs. He is the co-founder of Hedgehog stock, options, and futures trading platform and together with brother Jon, co-developed the Heat Seeker™ and complementary programs for tracking unusual buying activity in stocks, options, and futures. Najarian is one of the 'Fast Money Five' on CNBC’s “Fast Money,” and also contributes to CBOE-TV, the exchange's popular webcast. Najarian graduated cum laude from the University of Minnesota with a degree in genetic engineering. The following stocks are owned by Pete Najarian based on the CNBC disclosures.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/27/2008 4:00 PM Buy
None
28.02
as of 12/24/2008
1 Week up  20.76 %
1 Month up  39.38 %
3 Months up  26.30 %
1 YTD up  27.52 %

(*) Stock Price at the time of the recommendation.
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