|Company name||Thoratec Corporation|
|Live stock price||[stckqut]THOR[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Fair|
|Target stock price (TWCA growth scenario)||$58.3|
|Target stock price (averages with growth)||$125.68|
|Target stock price (averages with no growth)||$143.09|
|Target stock price (manual assumptions)||$45.19|
The following company description is from Google Finance: https://www.google.com/finance?q=NASDAQ%3ATHOR&sq=thor&sp=2&ei=hskQU7DvKYWxqgHHlQE
Thoratec Corporation is engaged in mechanical circulatory support with a product portfolio to treat the range of clinical needs for advanced heart failure (HF) patients. The Company develops, manufactures and markets medical devices used for circulatory support. For advanced HF, its primary product lines are its ventricular assist devices (VADs), which include the Thoratec Paracorporeal Ventricular Assist Device (PVAD), the Thoratec Implantable Ventricular Assist Device (IVAD), the HeartMate Left Ventricular Assist System (HeartMate XVE), and the HeartMate II Left Ventricular Assist System (HeartMate II). For acute HF, its product lines are the CentriMag Acute Circulatory System (CentriMag) and for pediatric patients the PediMag/PediVAS Acute Circulatory System (PediMag/PediVAS). On August 3, 2011, the Company acquired Levitronix LLC (Levitronix). During the year ended December 31, 2011, the Company discontinued the sale of the HeartMate XVE.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Thoratec Corporation as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.
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