3 Top Tech Stocks for 2012
Editor's note: As part of our partnership with PBS's Nightly Business Report, TheStreet's James Rogers will appear on NBR Monday (check local listings) to look at the top tech stocks for 2012.
NEW YORK (TheStreet) -- The tech sector, like much of the U.S. economy has had to struggle through a difficult 2011, but IBM (IBM), Salesforce.com (CRM) and Juniper (JNPR) could offer investor upside in 2012.
The Nasdaq has dipped almost 3% over the last six months, weighed down by the U.S. debt crisis and Europe's ongoing fiscal problems. It's not all doom and gloom, however, according to experts, who predict the three companies will shine during the coming 12 months.
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IBM, for example, could offer investors a safe port in the gathering economic storm.
"It looks like the latter half of next year will be very difficult economically," said Charles King, principal analyst at research firm Pund-IT. Large-cap dividend paying stocks such as IBM could therefore perform well for investors, he added.Salesforce.com and Juniper, on the other hand, have seen their stocks beaten down in recent months, but are poised for a 2012 turnaround. "CRM's weak year-end performance in 2011 may set it up very nicely for 2012," explained Pat Walravens, an analyst at JMP Securities, in an email. Read on for more details on tech's top 2012 stocks.
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