TSC Ratings' Updates: Thoratec

Stock quotes in this article: COVR , GAI , AME , HOMB , TCBK , THOR , OGE  

Other ratings changes include Global-Tech(GAI Quote), upgraded from sell to hold, and Cover-All Technologies(COVR Quote), downgraded from hold to sell.

All ratings changes generated on Dec. 24 are listed below.

 
Ticker
Company
Current
Change
Previous
AME Ametek
HOLD
Downgrade
BUY
ANCI American CareSource
BUY
Upgrade
HOLD
CIG CIA Energetica
HOLD
Downgrade
BUY
COVR Cover-All Technologies
SELL
Downgrade
HOLD
GAI Global-Tech
HOLD
Upgrade
SELL
HOMB Home Bancshares
BUY
Upgrade
HOLD
NSUR Iinsure.com
SELL
Downgrade
HOLD
OGE OGE Energy
HOLD
Downgrade
BUY
TCBK Trico Bancshares
BUY
Upgrade
HOLD
THOR Thoratec
BUY
Upgrade
HOLD

Each business day, TheStreet.com Ratings updates its ratings on the stocks it covers. The proprietary ratings model projects a stock's total return potential over a 12-month period, including both price appreciation and dividends. Buy, hold or sell ratings designate how the Ratings group expects these stocks to perform against a general benchmark of the equities market and interest rates.

While the ratings model is quantitative, it uses both subjective and objective elements. For instance, subjective elements include expected equities market returns, future interest rates, implied industry outlook and company earnings forecasts. Objective elements include volatility of past operating revenue, financial strength and company cash flows.

However, the rating does not incorporate all of the factors that can alter a stock's performance. For example, it doesn't always factor in recent corporate or industry events that could affect the stock price, nor does it include recent technology developments and competitive dynamics that may affect the company.

For those reasons, we believe a rating alone cannot tell the whole story, and that it should be part of an investor's overall research.

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