Sunday, October 21, 2012

Nebraska Corp Stock Prices Up an Average 176% Since President Obama Took Office

In a recent post, from an extensive review of SEC filings, I found 10 Corps headquartered in the State of Nebraska, with externally audited under US Generally Accepted Accounting Principles (US GAAP) After-tax Net Income or Net Loss of at least $100 mil in any of the most recent five fiscal years.

These 10 Largest Nebraska Corps filing with the SEC generated Externally Audited US GAAP Total After-tax Net Income from Continuing Operations of $16.1 bil in the most recent fiscal year 2011, which was a profit increase of 66% as compared with the Total After-tax Net Income of $9.7 bil generated by these same 10 Nebraska companies just three years earlier in 2008, the last year of the Bush/Cheney Administration.

Nebraska Corp 2011 Earnings

Since corporate earnings drive stock prices, in this post I turn my attention to just how well the stock market prices of these Nebraska Corps have performed since President Obama took office.

Of these 10 Nebraska Corps, 9 of them had their common stock trading on both January 16, 2009, which is the last day stocks traded before President Obama took office, and also on last Friday, October 19, 2012.

I retrieved all of the below stock market closing price information from the excellent Big website.

These 9 Nebraska Corps had an average stock market price increase of an off-the-charts 176% since President Obama took office on January 20, 2009.  This is 2.6 times the 69% increase in the S&P 500 Index and 2.9 times the 61% increase in the Dow Industrials Index, both during the same time span.

Nebraska citizens have to be very happy with the stock market performance of their many fine Nebraska companies during the Obama Administration.

And Nebraska citizens also must be very pleased with how the Obama Administration worked so hard and very effectively on so many fronts to create a US economic environment that permitted these Nebraska companies to flat out flourish.  This highly successful effort created a robust US economic environment which was quite a change from what existed in the just horrible financial meltdown, near Depression year of 2008.

So it's not just the Blue States and Swing States which have had very robust average stock market price increases during the Obama Administration.   Corporations in all Red States, including Nebraska, have also been fortunate to experience these very nice average stock market price increases too.  This just shows that the Obama Administration has been evenhanded in focusing on creating an excellent US economic environment that have permitted businesses all throughout the country to prosper.

Below here are the common stock market closing prices of each of these 9 Nebraska companies at both the most recent date, and also at the date just before President Obama took office, as well as the percentage stock market price changes for this period of time.

Market Market Percentage

Nebraska Price Price Increase

HQs 10-19-12 1-16-09 (Decrease)

S&P 500 Index 1,433.19 850.12 69%
Dow Industrials Index 13,343.51 8,281.22 61%

Nebraska Largest Corps

Cabelas Sidney $55.15 $5.78 854%
Union Pacific Omaha $123.77 $40.42 206%
Valmont Industries Valley $135.59 $53.09 155%
Buckle Kearney $43.76 $20.84 110%
NelNet Lincoln $24.00 $13.43 79%
ConAgra Foods Omaha $28.26 $16.99 66%
Berkshire Hathaway Omaha $133,841 $90,660 48%
Werner Enterprises Omaha $22.06 $15.19 45%
TD Ameritrade Omaha $15.76 $12.65 25%

Average Increase: All 9 Largest Nebraska Corps


S&P 500 Index 1,433.19 850.12 69%
Dow Industrials Index 13,343.51 8,281.22 61%