Thoratec Corporation’s (THOR) MACD indicator has moved into bearish territory with a reading of -0.2641. The Zacks #4 Rank (“Sell”) stock decreased slightly to $26.17 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending 2011 has decreased by 14 cents over the past two months to $1.23 per share.
 
THORATEC CORP (THOR): Free Stock Analysis Report
 
Zacks Investment Research