10 Trending AI Stocks on Investors’ Radar

7. Juniper Networks, Inc. (NYSE:JNPR)

Number of Hedge Fund Holders: 47

Juniper Networks, Inc. (NYSE:JNPR) is a leader in secure, AI-Native Networking that delivers the best and most secure user experiences from the edge to the data center and cloud. On January 30, Reuters reported the U.S. Department of Justice has sued to block Hewlett Packard Enterprise’s $14 billion deal to acquire networking gear maker Juniper Networks. The DOJ said that the acquisition would stifle competition and would lead to only two companies — Cisco Systems and HPE. Both of these would end up controlling more than 70% of the U.S. market for networking equipment.

“Juniper has also introduced innovative tools that have materially decreased the cost of operating a wireless network for many customers. This competitive pressure has forced HPE to discount its offerings and invest in its own innovation”.

 -DOJ said in its complaint.