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I am a former stockbroker, now with a "regular 9 to 5" career outside the financial industry. I have been following stocks for 20 years, and came across a momentum-based system for stock picking. These picks have done well for me personally, so I have decided to share them on my web site. I make... More
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Triple The Market
  • HTWR (Heartware) - The Little Stock That Could 0 comments
    Feb 21, 2011 8:53 AM | about stocks: HTWR, THOR

    Heartware, based in Framingham, MA is a major player in the treatment of congestive heart failure. It’s main product is a left ventricular assist device, and it has won recent approval to begin trials of its miniaturized device, as seen here:

    HTWR device

    A major competitor to Heartware is Thoratec (NASDAQ:THOR). Although this article from the Toronto Star posted on January 31 states that “Management appears concerned with the growing threat from a new HeartWare ventricular assist device (VAD). HeartWare recently made a splash at a major medical conference with solid bridge-to-transplant data that compared favorably to Thoratec’s HeartMate II data. With a smaller device size and easier surgical technique, we suspect HeartWare will steal market share from Thoratec during the next several years until Thoratec can introduce significant new VAD products.”

    The data below are from Thoratec’s Heartmate II device. As you can see, the survival rates greatly exceed medical management, and with Heartware’s data looking more favorable, the stock is worth a look:

    Heartmate II Survival Rate

    Now, the reason why we’re all reading this…the stock! Here is a comparison of THOR vs HTWR over the past year:


    HTWR 1 year

    HTWR currently trades at 90.25, with a 52-week low of 37.73. This stock does not get a lot of volume (average 134K shares traded daily), but is worth a look for your portfolio. This came up on my screener a year ago, and as a momentum play, you can clearly see the outcome!

    Disclosure: I own HTWR stock.

    Stocks: HTWR, THOR
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