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Enter Symbol:
 
Arthrocare Corporation (ARTC) [hlAlert]

Rating:
Buy ARTC
up 27.52 %

Arthrocare Corporation (ARTC) rated Buy with price target $53 by SMH Capital

Posted on: Friday,  Jan 25, 2008  10:25 AM ET by SMH Capital

SMH Capital rated Buy Arthrocare Corporation (NASDAQ: ARTC) on 01/25/2008, when the stock price was $38.11. Since
then, Arthrocare Corporation has gained 27.53% as of 05/29/2014's recent price of $48.60.
If you would have followed this SMH Capital's recommendation on ARTC, you would have gained 27.52% of your investment in 2316 days.

ArthroCare Corp. is a medical device company that develops, manufactures and markets products based on its patented Coblation technology. The company's soft-tissue surgery systems consist of a controller unit and an assortment of disposable devices that are specialized for specific types of surgery. The company's strategy includes applying its patented Coblation technology to a range of soft-tissue surgical markets, including arthroscopic surgery, cosmetic surgery, nose and throat surgery, spinal surgery, neurosurgery, general surgery, and cardiology applications.

Sanders Morris Harris has built a unique, niche-oriented research effort that's attuned to the Southwest, yet takes a broad, global perspective. Our analysts cover some 100 companies in six broad sectors, including business services; energy; entertainment & media; financial services; and technology. Whatever the geographical focus, our research approach is fundamental and no-nonsense. We look at industries in a bottom-up way, and get to know company managements in depth, to understand their growth philosophy and their views of how their company fits within their group. And we provide straightforward, timely advice to both institutional and private clients based on that research. Unlike many Wall Street firms, which have developed arcane "recommendation matrixes," we have three simple categories of investment advice: buy, sell and hold. And we transmit our recommendations in timely, useful form. Our on-line Research Library gives clients access to the full range of company reports and bulletins generated by our analytical staff. Above all, of course, the success of SMH's research effort rests on its gifted team of analysts - a purposeful blend of experienced research pros and young, creative individuals, all of whom have honed their financial skills within the target industry or with major accounting firms. The combination works. Three of our analysts have appeared on the Wall Street Journal roster of All-Star Analysts or on the Institutional Investor's All-Star Research Team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/25/2008 10:25 AM Buy
None
38.11 53.00
as of 12/24/2008
1 Week up  27.08 %
1 Month down  -25.00 %
3 Months down  -61.92 %
1 YTD up  30.81 %

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