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Enter Symbol:
 
Thoratec Corporation (THOR) [hlAlert]

Rating:
Outperform
THOR
up 96.81 %

Thoratec Corporation (THOR) rated Outperform by Raymond James

Posted on: Wednesday,  Jun 12, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Thoratec Corporation (NASDAQ: THOR) on 06/12/2013, when the stock price was $31.70. Since
then, Thoratec Corporation has gained 96.81% as of 08/27/2015's recent price of $62.39.
If you would have followed this Raymond James's recommendation on THOR, you would have gained 96.81% of your investment in 806 days.

Thoratec Corporation (Thoratec) is a manufacturer of mechanical circulatory support products for use by patients with heart failure (HF). The Company develops, manufactures and markets medical devices used for circulatory support. It also develops, manufactures and markets point-of-care diagnostic test systems and skin incision products. Thoratec operates in two operating divisions: Cardiovascular and International Technidyne Corporation (ITC), a wholly owned subsidiary. The Cardiovascular segment develops, manufactures and markets medical devices used for mechanical circulatory support (MCS). ITC designs, develops, manufactures and markets point-of-care diagnostic test systems and incision products. The Company conducts business both in the United States and internationally.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/12/2013 8:25 AM Buy
None
31.70
as of 12/13/2013
1 Week down  -6.58 %
1 Month down  -16.01 %
3 Months down  -1.85 %
1 YTD up  13.62 %

(*) Stock Price at the time of the recommendation.
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