Juniper Networks also provides switching products, including EX series Ethernet switches to address the access, aggregation and core layer switching requirements of micro branch, branch office, and campus environments; QFX series of core, spine and top-ofack data center switches; and Juniper access points, which provide wireless access and performance.
In addition, the company offers security products including SRX series services gateways for the data center; Branch SRX family provides an integrated firewall and next-generation firewall; virtual firewall that delivers various features of physical firewalls; and advanced malware protection, a cloud-based service and Juniper ATP.
Investors receive a 2.81% dividend. A $38 price target accompanies Raymond James’s Strong Buy rating. The consensus target is $34.17, and Juniper Networks stock closed at $30.51 on Thursday.
Microsoft
This is a more conservative way for investors to participate in the massive and ongoing cloud growth. Microsoft Inc. (NASDAQ: MSFT) manufactures, licenses and supports a wide range of software products. The company has transformed its business model from a component-driven model (personal computer, server) to one driven by the need for cloud capacity.
Many Wall Street analysts agree that Microsoft has become a clear number two in the public or hyper-scale cloud infrastructure market with Azure, which is the company’s cloud computing platform offerings, and which continues growing at triple-digit levels. Some have flagged Azure as the biggest rival to Amazon’s AWS service.
Some analysts maintain that Microsoft is discounting Azure for large enterprises, so that Azure may be cheaper than AWS for larger users. The cloud was big in recent earnings reports and will remain a growing part of the software giant’s earnings profile.
Microsoft stock comes with a 1.10% dividend. The UBS price target is $300, and the consensus target is $299.37. The shares closed on Thursday at $241.68.
All these top companies have been around for decades and have survived tech sell-offs in the past. Each has a strong products or services portfolio, and all will still be around when the damage from the past year is in the rear-view mirror, but they will not be around at today’s prices.
Originally published at 24/7 Wall St.
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