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The Best (And Worst) Technology Stocks Of 2012

By Scott Campbell CRN
10:00 AM ET Wed. Jan. 16, 2013
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Seagate Technology

CEO: Stephen Luczo
Dec. 31, 2012: $30.42
Dec. 31, 2011: $16.40
Change: 85.5%

Seagate earns the honor for top technology stock for 2012 with an impressive 85.5-percent increase over the course of the year. Incredibly, it earned the top spot despite experiencing a stock-price decrease in the fourth quarter (from $30.96 to $30.42). Through three quarters, Seagate shares had increased almost 90 percent. Still, it's a noteworthy performance, and the company's stock had closed as low as $24.77 on Nov. 30 before gaining almost $6 per share in December. Last September, Seagate launched Cloud Builder Alliance to target partners building cloud storage solutions.

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