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Juniper Networks (JNPR) to be added to S&P 500 Index May 25, 2006

Posted by stockguru8888 in Uncategorized.
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Just after the market close of today (Thursday, 05/25/06), Standard & Poor announced that Juniper Networks (JNPR) will replace Albertson’s (ABS) in the S&P 500 index (S&P 500 GICS [Global Industry Classification Standard] Communications Equipment Sub- Industry index). Albertson’s is in the process of being bought by Supervalu (SVU) and CVS (CVS) in a deal that is still pending final approvals. We believe that JNPR will see a nice increase of its shares tomorrow, Friday, May 26th 2006, since companies that are added to the S&P 500 often see their shares getting an initial lift because mutual funds that track the index will have to buy the stock. Juniper Networks, headquartered in Sunnyvale, CA, provides Internet Protocol networking products and services, with a specific emphasis on telecom routing solutions. JNPR is an excellent value play with 20 cents projected earnings per quarter and a current share price of $15.29, +0.74 (5.09%) at 4:00PM ET on Thursday, May 25, 2006.

We are up 30% this week, as demonstrated here, since we sold Escala (ESCL) on Tuesday, Generex (GNBT) on Wednesday and Sirius Radio (SIRI) today with a 10% profit each (minus commissions). Individual results will vary but always remember to buy first thing in the morning and place an upper GTC limit order of 10% higher than your buying price. If the stock should not hit this price during the day, then you should sell the stock just before the market closes in order to be able to participate on the next pick. Good luck and happy trading.

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