The Best (And Worst) Third-Quarter Technology Vendor Stocks

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Seagate Technology

CEO: Stephen Luczo

June 28, 2013: $44.83
Sept. 30, 2013: $43.76
Change: -2.4%

Seagate has had a pretty good track record recently in terms of its stock price. In 2012 it was the biggest share-price gainer among all stocks followed by CRN, and in the first half of this year, the disk drive maker's stock gained 47.4 percent in value. But, that run came to an end in the third calendar quarter as the price of its stocked slipped a bit.

In July, the company reported that sales for its fourth fiscal quarter ended June 28 were $3.4 billion, down more than 23 percent from one year earlier. Revenue for the full fiscal year was down almost 4 percent to $14.4 billion.


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