10 Worst 5G Stocks To Buy According to Short Sellers

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

Short Interest as % of Shares Outstanding: 3.86%

Number of Hedge Fund Holders: 45

Juniper Networks, Inc. (NYSE:JNPR) is a global networking company headquartered in California. The company specializes in developing and marketing a range of networking products, including routers, switches, network management tools, security solutions, and software-defined networking technologies.

According to the company, 5G success requires integrating several network components and automation for better management, security, and service quality. Its solutions include Open RAN for flexible and innovative network setups, Cloud Metro for consistent and cost-effective service delivery, and automation tools to ensure a responsive and reliable network.

The company also provides strong security across the network and cloud-native architecture for smooth operations in hybrid environments. These tools help service providers enhance their 5G networks and meet customer expectations.

In January, Juniper Networks (NYSE:JNPR) announced that it is being acquired by Hewlett Packard Enterprise (NYSE:HPE). The deal is expected to be completed in late 2024 or early 2025.

While the company is a key player in the 5G industry, the acquisition does not leave much room for stock price growth. The $14 billion deal allows HPE to acquire the company for $40 per share while the company’s stock was at $38.60 at the September 13 market close.

Juniper Networks’ (NYSE:JNPR) stock was held by 45 hedge funds, at a combined value of $1.114 billion in the second quarter. As of June 30, Pentwater Capital Management owns 8.875 million shares of the company, valued at $323.582 million, and is the company’s most significant shareholder.