People watch stocks for different reasons -- they're waiting for a dip in price, watching for a specific catalyst, gathering all the news and information that might affect stocks they already own, or considering a sell. Regardless of their motivation, we can better understand market sentiment by seeing who's watching what. With the Fool's free My Watchlist service, we have tens of thousands of people telling us the businesses that have, for whatever reason, piqued their interest.

The most-watched computers and peripherals stock is ...
Looking at the aggregate data, we see that Apple (Nasdaq: AAPL) is above the rest in terms of watch interest, the percentage of people keeping an eye on computers and peripherals stocks in general who are specifically watching each company. And for good reason. As CAPS Member tonyjrose wrote last week:

People really underestimate what is happening.

Within 10-15 years, Apple will be the dominant home PC platform, through a combination of iPhone, iPad, AppleTV and Mac.

We're seeing a major shift that is still in its early stages.

I work in the tech industry, and a day doesn't go by that I don't see stalwart Windows PC guys picking up iPads/iPhones.

This will be a $500 stock sooner than most can imagine.

Here are the rest of the top 15 most-watched companies in the industry with their watch interest along with the stocks' CAPS rating to show the sentiment of our investing community.

 

Company

Market Cap (millions)

CAPS Rating (out of 5)

Watch Interest

1

Apple

$322,853

***

71.9%

2

EMC (NYSE: EMC)

$56,107

*****

5.7%

3

Hewlett-Packard

$91,188

***

4.1%

4

Dell

$28,201

**

2.5%

5

SanDisk (Nasdaq: SNDK)

$10,720

***

2.4%

6

Synaptics

$915

****

2.0%

7

NetApp (Nasdaq: NTAP)

$17,518

**

1.5%

8

Logitech International

$3,510

*****

1.2%

9

Seagate Technology (Nasdaq: STX)

$6,482

****

1.2%

10

Western Digital

$8,586

****

1.1%

11

China Digital TV Holding Co.

$428

*****

1.1%

12

Diebold

$2,303

**

0.7%

13

STEC (Nasdaq: STEC)

$979

***

0.7%

14

Stratasys

$956

***

0.6%

15

Quantum (NYSE: QTM)

$575

***

0.4%

Source: Motley Fool, Motley Fool CAPS.

Whether you're keeping an eye on the industry stalwarts like Dolby or are watching an up-and-comer like Microvision, it pays to watch. We can help you keep tabs on your companies with My Watchlist, our free, personalized stock tracking service. Click here to start now.

Dan Dzombak's musings and articles he finds interesting can be found on his Twitter account: @DanDzombak.

Stratasys and China Digital TV Holding are Motley Fool Rule Breakers picks. Apple is a Motley Fool Stock Advisor recommendation. Logitech International is a Motley Fool Hidden Gems selection. The Fool has written puts on Apple. Motley Fool Options has recommended a bull call spread position on Apple. Motley Fool Options has recommended writing a covered call position on Logitech International. Motley Fool Options has recommended writing puts on Synaptics. The Fool owns shares of Apple, EMC, Logitech International, and Western Digital. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.