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Cardica, Inc. (CRDC) [hlAlert]

Rating:
Buy CRDC
up 60.64 %

Cardica, Inc. (CRDC) rated Buy

Posted on: Tuesday,  Jul 24, 2007  11:25 AM ET by AG Edwards

AG Edwards rated Buy Cardica, Inc. (NASDAQ: CRDC) on 07/24/2007, when the stock price was $6.20. Since then, Cardica, Inc.
has gained 60.65% of its value until AG Edwards rated CRDC Sell on 09/10/2007, when the price was $9.96.
If you would have followed this AG Edwards's recommendation on CRDC, you would have gained 60.64% of your investment in 48 days.

Cardica, Inc. designs and manufactures proprietary automated anastomotic systems used by surgeons to perform coronary artery bypass graft surgery. In these surgery procedures, veins or arteries are used to construct alternative conduits to restore blood flow beyond narrowed or occluded portions of coronary arteries, bypassing the narrowed or occluded portion of the artery that is impairing blood flow to the heart muscle. Our first two products, the C-Port Distal Anastomosis System, and the PAS-Port Proximal Anastomosis System, provide cardiovascular surgeons with easy-to-use automated systems to perform consistent, rapid and reliable connections, or anastomoses, of the vessels, which surgeons generally view as the most critical aspect of the bypass procedure.

Wachovia Corp. said it would acquire A.G. Edwards Inc. for $6.8 billion in cash and stock in a deal to form one of the largest retail stock brokerages in the United States.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/10/2007 9:25 AM Sell
None
9.96
as of 8/27/2015
1 Week up  12.50 %
1 Month up  22.22 %
3 Months up  12.50 %
1 YTD up  64.28 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2007 11:25 AM Buy
None
6.20 8.50

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