Thoratec Corp (THOR) stock outlook 2012

Thoratec Corp (THOR) stock outlook 2012 : Thoratec Corp (THOR): the current trading price for this stock in the market is close to $35 per share. It seems as if the price will remain unchanged for some time. At its current price, the company's market capitalization is above $2 billion and the average trading volume is more than 800,000. The 52-week trading range for the stock is between $24 and $38 per share, approximately. Earnings per share are more than $1 and the price-to-earnings (P/E) ratio is close to 23.

The beta for this stock is 0.78, which means that it is a safer option than most. With a positive growth in sales and income, the company has a profit margin of approximately 17%. It has been given a rating of 8 out of 10 by industry experts based on its lower risk and better performance. It has recently been reported that this stock has the potential to outperform most of its competitors. Rodman & Renshaw has revised its price targets for Thoratec from $40 to $42 and has rated it as a market outperformer. I believe that this would be a good option to invest in for growth and income.

Summary of the 10th percentile net composite return.
The best expected daily return of 0.3344% occurs on day 2 where there is a 10% chance that THOR will rise to $36.87 (+4.23%) and there is a 10% chance it will fall to $34.11 (-3.56%). There is a 20% that THOR will cross one of these price levels in 2 days, and adding the returns of +4.23% and -3.56% yields a net composite return of 0.67%. A net return of 0.67% in 2 days is an EDR of 0.3344% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 0.1870% occurs on day 14 where there is a 20% chance that THOR will rise to $38.02 (+7.49%) and there is a 20% chance it will fall to $33.66 (-4.84%). There is a 40% that THOR will cross one of these price levels in 14 days, and adding the returns of +7.49% and -4.84% yields a net composite return of 2.65%. A net return of 2.65% in 14 days is an EDR of 0.1870% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 0.2162% occurs on day 3 where there is a 30% chance that THOR will rise to $36.34 (+2.74%) and there is a 30% chance it will fall to $34.63 (-2.09%). There is a 60% that THOR will cross one of these price levels in 3 days, and adding the returns of +2.74% and -2.09% yields a net composite return of 0.65%. A net return of 0.65% in 3 days is an EDR of 0.2162% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 0.2892% occurs on day 3 where there is a 40% chance that THOR will rise to $36.10 (+2.07%) and there is a 40% chance it will fall to $34.95 (-1.20%). There is a 80% that THOR will cross one of these price levels in 3 days, and adding the returns of +2.07% and -1.20% yields a net composite return of 0.87%. A net return of 0.87% in 3 days is an EDR of 0.2892% per day.

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