Here’s Why Internet Equipment Stocks Like Cisco are Popping

Public Internet traffic is on the rise and so is the traffic inside the data centers where the web content originates. Cisco’s (NASDAQ:CSCO) Visual Networking Index sees traffic quadrupling by 2015 as they dominate the the overall market for data center networking gear. For the first time, Asia will also generate more traffic than North America, although America still beats China.

Though, if you divide traffic figures by population you get a different view. South Korea uses the most data in Cisco’s sample. Canada and France will use more gigabytes per month per person than America. In addition, China drops down and will be overtaken by Brazil, but stays ahead of India.

Here’s how internet equipment stocks are trading now:

Cisco Systems, Inc. (NASDAQ:CSCO): CSCO shares recently traded at $17.87, down $0.14, or 0.78%. They have traded in a 52-week range of $13.30 to $22.34. Volume today was 23,403,619 shares versus a 3-month average volume of 58,520,400 shares. The company’s trailing P/E is 15.43, while trailing earnings are $1.16 per share.

F5 Networks, Inc. (NASDAQ:FFIV): FFIV shares recently traded at $103.45, down $1.21, or 1.16%. They have traded in a 52-week range of $69.01 to $145.76. Volume today was 675,082 shares versus a 3-month average volume of 2,291,900 shares. The company’s trailing P/E is 34.95, while trailing earnings are $2.96 per share.

Juniper Networks, Inc. (NYSE:JNPR): JNPR shares recently traded at $20.81, down $0.38, or 1.79%. They have traded in a 52-week range of $16.67 to $45.01. Volume today was 3,550,186 shares versus a 3-month average volume of 10,769,300 shares. The company’s trailing P/E is 21.93, while trailing earnings are $0.95 per share.

Alcatel-Lucent (NYSE:ALU): ALU shares recently traded at $1.57, down $0.04, or 2.48%. They have traded in a 52-week range of $1.46 to $6.63. Volume today was 5,385,650 shares versus a 3-month average volume of 25,268,000 shares. The company’s trailing P/E is 4.97, while trailing earnings are $0.32 per share.

Riverbed Technology, Inc. (NASDAQ:RVBD): RVBD shares recently traded at $24.76, down $0.2, or 0.8%. They have traded in a 52-week range of $18.33 to $44.70. Volume today was 1,319,728 shares versus a 3-month average volume of 4,533,350 shares. The company’s trailing P/E is 73.05, while trailing earnings are $0.34 per share.

Brocade Communications Systems, Inc. (NASDAQ:BRCD): BRCD shares recently traded at $5.24, down $0.05, or 0.95%. They have traded in a 52-week range of $3.18 to $7.30. Volume today was 5,440,364 shares versus a 3-month average volume of 9,966,530 shares. The company’s trailing P/E is 52.40, while trailing earnings are $0.10 per share.

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