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Somanetics Corporation (SMTS) [hlAlert]


Best Stock for 2009: Somanetics

Posted on: Sunday,  Dec 21, 2008  12:41 AM ET by Motley Fool: The Best Stocks for 2009

Motley Fool: The Best Stocks for 2009 rated Buy Somanetics Corporation (NASDAQ: SMTS) on 12/18/2008, when the stock price was
$17.55. Since then, Somanetics Corporation has gained 0.00% as of 07/28/2010's recent price of $17.55.
If you would have followed this Motley Fool: The Best Stocks for 2009's recommendation on SMTS, you would have gained 0% of your investment in 587 days.

Somanetics Corporation develops, manufactures and markets the In Vivo Optical Spectroscopy (INVOS) System, a non-invasive patient monitoring system that continuously measures changes in the blood oxygen levels in the brain and elsewhere in the body in tissues beneath the sensor in patients with or at risk for restricted blood flow. The INVOS System consists of a portable monitoring system, including technology, which is used with multiple single-use disposable sensors, called SomaSensors or OxyAlert sensors. During the fiscal year ended November 30, 2008 (fiscal 2008), net revenues from disposable sensors comprised approximately 72% of its net revenues. As of November 30, 2008, the Company had an installed base of 2,523 INVOS System monitors in the United States in 714 hospitals, and during fiscal 2008, it sold 424,647 sensors worldwide. In November 2008, it acquired ICU Data Systems, Inc., a technology development company,

The Motley Fool likes to look at what companies do in the long term, rather than what the stock price does in the short term. It's also why we think this year's selections will do well as companies, and hopefully as stocks, in 2009 and beyond. You can see how performed Motley Fool's 2008 best stocks at:
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2008 4:00 PM Buy
as of 12/24/2008
1 Week down  -9.56 %
1 Month   
3 Months   
1 YTD down  -9.56 %

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