Small-cap stock #5: Thoratec (THOR) - Louis Navellier

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Small-cap stock #5: Thoratec (THOR)
May 17, 2009 07:00 PM UTC

Louis Navellier

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Symbol	Sentiment	Start	Return	Closed
THOR		05/17/09	+4.23%	--

Via BloggingStocks:

Filed under: Stocks to Buy, Best Stocks for 2009

Small-cap stock #5: Thoratec (THOR) Thoratec (NASDAQ: THOR), known for its ventricular assist devices (VADs) for patients suffering late-stage heart failure, recently bought Australia's HeartWare. Investors responded positively to this move because it brings new technology to Thoratec and expands the company's already significant market share.

THOR currently has 85% of the U.S. heart pump market and 65% of Europe's, and this new technology could ensure THOR stays on the top of this market for at least the next five to 10 years. The Thoratec-HeartWare partnership has the potential to grow into a multibillion-dollar business, which will translate to big sales and earnings growth.

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Small-cap stock #5: Thoratec (THOR) originally appeared on BloggingStocks on Sun, 17 May 2009 14:00:00 EST. Please see our terms for use of feeds.

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