The 2012 Oscars is like the Super Bowl of fashion, and while not everyone can be an Academy Award winner, some are definitely winning in the best dressed category.

The red carpet is arguably the biggest stage for these starlets and the women who made the cut chose to wear glamorous, eye-catching ensembles perfect for the occassion. Here are our picks for the 2012 Oscars best dressed list.

Check back later for even more of the most stylish celebs.

Jennifer Lopez

One thing Jennifer Lopez knows how to do exceptionally well is show off enough skin without crossing over the line into risque territory. There was a moment during the 2012 Oscars when everyone thought she slipped a nip, but that just means she needed more double-sided tape. No biggy.

Giuliana Rancic

Giuliana Rancic hit the 2012 Oscars red carpet looking like something from the movie 'Black Swan.' (Obviously, this look would be Natalie Portman before she loses her sanity.)

Tina Fey

We've got to hand it to funny girl Tina Fey. She always knows how to look her best, despite how Liz Lemon dresses on '30 Rock.'

Maya Rudolph

Maya Rudolph has had a few glorious weeks, what with hosting 'Saturday Night Live' and now just killing it at the 2012 Oscars with those crystallized epaulettes.

Milla Jovovich

During an interview with MTV, Milla Jovovich said she didn't want to go over the top with her dress because she was only presenting. But this chic number was what really grabbed the spotlight.

Jessica Chastain

Jessica Chastain paid her own secret homage to Alexander McQueen by wearing own his embroidered creations on the 2012 Oscars red carpet.

George Clooney and Stacy Keibler

George Clooney always seems to be on the best dressed list, but this time he got upstaged by his date Stacy Keibler.

Rooney Mara

'The Girl With the Dragon Tattoo' starlet set aside her black get-up for something simple, white and completely reminiscent of old Hollywood glam.

Maria Menounos

Some actresses decided to go with the pop of color angle, but Maria Menounos was one of the few who actually pulled it off. Her flowing 2012 Oscars gown provides a nice shape to her body while maintaining that effortless feel.

Gwyneth Paltrow

Gwyneth takes home the prize FOR looking dastardly chic at the 2012 Oscars. Sometimes less is more, and her simple dress, cover and minimal bling speaks volumes.

Angelina Jolie

Angelina also wins the Oscar for "best use of a leg on the red carpet." And it has its own Twitter!