Based on the aggregated intelligence of 170,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, hard drive specialist Seagate Technology (Nasdaq: STX) earned a respected four-star ranking.

With that in mind, let's take a closer look at Seagate's business and see what CAPS investors are saying about the stock right now.

Seagate facts

Headquarters (Founded)

Grand Cayman, the Cayman Islands (1979)

Market Cap

$5.56 billion

Industry

Data storage devices

Trailing-12-Month Revenue

$11.4 billion

Management

CEO Stephen Luczo (since 2009)
CFO Patrick O'Malley (since 2008)

Return on Capital (Average, Past 3 Years)

12.3%

Cash/Debt

$2.5 billion / $2.5 billion

Competitors

Western Digital (NYSE: WDC)
STEC (Nasdaq: STEC)
Intel (Nasdaq: INTC)
SanDisk (Nasdaq: SNDK)

Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.

On CAPS, 93.5% of the 1,131 members who have rated Seagate believe the stock will outperform the S&P 500 going forward. These bulls include All-Star MagicDiligence, who is ranked in the top 10% of our community, and rpoverbaugh.

This past summer, MagicDiligence noted that Seagate "is the worldwide leader in hard disk sales." Our CAPS member concludes: "The company has been improving operations and looks in good position to benefit from the secular growth trends in computer storage needs."

With Seagate and rival Western Digital splitting about 60% of the hard drive market, it's easy to understand why our community is highly attracted to both stocks. While the threat of alternative storage solutions from the likes of SanDisk and Samsung (in flash memory), as well as Intel and STEC (in solid-state drives), has weighed heavily on the hard drive kings, many Fools believe they're just too beaten-down to pass up. With both Seagate and Western Digital sporting P/E's under 5 -- representing a substantial discount to each of the above-mentioned rivals -- our community certainly has a point.

CAPS member rpoverbaugh explains why Seagate, in particular, is a good bet to turn around:

Their underlying storage technology coupled with their ability to execute, their production capacity, efficiency, and low cost of production makes them a leader in storage. They have been under-appreciated by Wall Street as reflected in their ongoing relatively low PE ratio and they generate a lot of cash. All this adds up to an opportunity for investors to recognize their value.

What do you think about Seagate, or any other stock for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!  

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Intel is a Motley Fool Inside Value pick, and Motley Fool Options has recommended buying calls on it. The Fool owns shares of Intel. Try any of our Foolish newsletter services free for 30 days.

True to its name, The Motley Fool is made up of a motley assortment of writers and analysts, each with a unique perspective; sometimes we agree, sometimes we disagree, but we all believe in the power of learning from each other through our Foolish community. The Fool's disclosure policy always gets a perfect score.