30 Best AI Stocks to Buy According to Billionaires

Page 11 of 30

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

Number of Hedge Fund Holders: 56

Number of Billionaire Investors: 14

Value of Billionaire Holdings: $360 Million 

Juniper Networks, Inc. (NYSE:JNPR) designs, develops, and sells network products and services worldwide. Despite uncertainty surrounding the purchase of Juniper by HPE for $14 billion, the firm delivered solid results for the fourth quarter of 2024. For the period, the networking solutions company reported adjusted earnings per share of $0.64 which was more than the consensus estimate of $0.57. Revenue for the quarter totaled $1.40 billion, compared to the consensus of $1.39 billion. Following the earnings report, investment advisory Piper Sandler maintained a Neutral rating on the shares with a price target of $40. In an investor note, the advisory claimed that Juniper stock would likely continue trading at a discount due to the concerns over the potential acquisition, but fundamentals were showing an improvement.

Page 11 of 30