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Jim Cramer called JDS Uniphase Corporation (NASDAQ: JDSU)a bullish stock yesterday and feels that JDSU is now expected to rise again after the tech bust that happened during 2000 era. JDS Uniphase Corporation (NASDAQ: JDSU) is trading high by 6.53% in the pre-market at $7.67. Cramer raised his price target on JDSU to $8.50. Sanford Bernstein’s Jeff Evenson is also bullish on JDSU.
Cramer also feels that Sanford Bernstein’s Jeff Evenson is right after he covered stocks like Brocade Communications Systems, Inc. (NASDAQ:BRCD), Cisco Systems, Inc. (NASDAQ: CSCO), F5 Networks, Inc. (NASDAQ: FFIV), 3Com Corporation (NASDAQ: COMS) and Juniper Networks, Inc. (NYSE: JNPR).
Juniper Networks, Inc. (NYSE: JNPR) is currently trading at $24.95, down by 1.58% in the pre-market session.
3Com Corporation (NASDAQ:COMS) is up 33% at $7.57 in pre-market. So far this year, COMS has gained over 149%.
Brocade Communications Systems, Inc. (NASDAQ: BRCD) is down 10.38% at $8.27.
Cisco Systems, Inc. (NASDAQ: CSCO) is down 0.92% at $23.70 in the pre-market. The 52 week trading range for the stock is $13.61 - $24.83.