These 65 Largest California Corps had their average stock price increase by a robust 121% from the time President Obama took office in his first term and October 17, 2012, as you can see from the below link:
California Corp Average Stock Prices Up 121% Since President Obama Took Office
So, how have these companies done lately? Well, even substantially better, with their average stock price up 161% from January 16, 2009 to the close of Friday May 31, 2013. And this 161% increase is nearly double the 83% increase in the Dow Industrials Index and the 92% increase in the S&P 500 Index over the identical time span.
The 36 Largest California Technology Corps had their average stock market price increase by a very robust 163% during the Obama Administration.
And the 29 Largest California Non-Technology Corps had their average stock market price increase by 158% during the Obama Administration.
It is pretty clear that the largest California Corps have flat out thrived during the Obama Administration, and will continue to do so, and particularly so if the US House turns to Democratic control and the US Senate remains in Democratic control, both in 2014.
Let me stick my neck out and do some prognostications on where the overall stock market is headed under various scenarios. All of these prognostications assume that President Obama wisely picks Janet Yellen to head the Federal Reserve starting in January 2014. Yellen will more perceptively and creatively take directly-targeted actions that will much better assure that the US economic recovery will benefit the entire country, altering the Fed's present pure trickle down economic approach, which is clearly benefiting only those at the very top.
If the Republicans have control of both the US House and the US Senate with the 2014 election, then the Dow Industrials Index at the end of President Obama's second term will be somewhere in the range of 15,000 and 17,000.
If the Republicans retain control of the US House and the Democrats retain control of the US Senate with the 2014 election, then the Dow Industrials Index at the end of President Obama's second term will be somewhere in the range of 16,000 and 18,000.
And if the Democrats have control of both the US House and the US Senate with the 2014 election, then the Dow Industrials Index at the end of President Obama's second term will be somewhere in the range of 20,000 and 24,000. And if the Dow ends up being reasonably close to 24,000, many in the country will demand that Obama gets a third presidential term.
Anyway California citizens have to be extremely happy with the stock market performance of their many fine largest California companies during the Obama Administration.
California citizens also must be very pleased with how the Obama Administration, with much assistance from the US Fed, worked so hard and very effectively on so many fronts to create a US economic environment that permitted these largest California 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.
Below here are the common stock market closing prices of each of these 65 Largest California Corps at both the most recent date (May 31, 2013), and also at the date just before President Obama took office in his first term (Jan 16, 2009), as well as the percentage stock market price changes for this period of time:
| Market | Market | Percentage | ||
| California | Price | Price | Increase | |
| HQs | 5-31-13 | 1-16-09 | (Decrease) | |
| S&P 500 Index | 1,630.74 | 850.12 | 92% | |
| Dow Industrials Index | 15,115.57 | 8,281.22 | 83% | |
| California Largest Technology Corps | ||||
| Seagate Technology | Cupertino | $43.08 | $4.39 | 881% |
| Sanmina-SCI | San Jose | $13.58 | $2.28 | 496% |
| Apple | Cupertino | $449.74 | $82.33 | 446% |
| Sandisk | Milpitas | $59.02 | $12.03 | 391% |
| Western Digital | Irvine | $63.32 | $13.31 | 376% |
| Ebay | San Jose | $54.10 | $13.26 | 308% |
| JDS Uniphase | Milpitas | $13.62 | $3.79 | 259% |
| VMWare | Palo Alto | $71.12 | $22.00 | 223% |
| Mountain View | $871.22 | $299.67 | 191% | |
| KLA Tencor | Milpitas | $56.29 | $21.33 | 164% |
| Flextronics International | Silicon Valley | $7.46 | $2.91 | 156% |
| NetApp | Sunnyvale | $37.53 | $14.92 | 152% |
| Intuit | Mountain View | $58.44 | $24.01 | 143% |
| Xilinx | San Jose | $40.65 | $16.93 | 140% |
| Check Point Software | Redwood City | $50.08 | $20.96 | 139% |
| Agilent Technologies | Santa Clara | $45.45 | $19.51 | 133% |
| Yahoo! | Sunnyvale | $26.30 | $11.59 | 127% |
| Lam Research | Fremont | $46.78 | $22.17 | 111% |
| Broadcom | Irvine | $35.91 | $17.13 | 110% |
| Altera | San Jose | $33.22 | $16.07 | 107% |
| Adobe Systems | San Jose | $42.91 | $21.06 | 104% |
| Oracle | Redwood City | $33.78 | $16.91 | 100% |
| NVIDIA | Santa Clara | $14.47 | $7.99 | 81% |
| Intel | Santa Clara | $24.28 | $13.74 | 77% |
| Qualcomm | San Diego | $63.48 | $36.02 | 76% |
| Advanced Micro Devices | Sunnyvale | $4.00 | $2.29 | 75% |
| Marvell Technology Group | Santa Clara | $10.85 | $6.31 | 72% |
| Symantec | Mountain View | $22.39 | $13.49 | 66% |
| Linear Technology | Milpitas | $37.53 | $23.94 | 57% |
| Cisco Systems | San Jose | $24.12 | $15.82 | 52% |
| Activision Blizzard | Santa Monica | $14.43 | $9.57 | 51% |
| Applied Materials | Santa Clara | $15.20 | $10.18 | 49% |
| Electronic Arts | Redwood City | $22.99 | $17.53 | 31% |
| Juniper Networks | Sunnyvale | $17.73 | $16.39 | 8% |
| Hewlett Packard | Palo Alto | $24.42 | $34.77 | -30% |
| SunPower | San Jose | $19.31 | $33.62 | -43% |
| Average Increase: All 36 Largest California Technology Corps | 163% | |||
| California Largest Non-Technology Corps | ||||
| Big Oil and Gas | ||||
| Occidental Petroleum | Los Angeles | $92.07 | $53.53 | 72% |
| Chevron | San Ramon | $122.75 | $71.74 | 71% |
| Average Increase: all 2 Largest California Oil and Gas Corps | 72% | |||
| Finance Including REITs | ||||
| KKR Financial Holdings | San Francisco | $10.52 | $1.50 | 601% |
| CBRE Group | Los Angeles | $23.18 | $4.26 | 444% |
| Visa | San Francisco | $178.14 | $47.41 | 276% |
| Franklin Resources | San Mateo | $154.81 | $54.80 | 183% |
| Public Storage | Glendale | $151.80 | $67.34 | 125% |
| Wells Fargo | San Francisco | $40.55 | $18.68 | 117% |
| Prologis | San Francisco | $40.30 | $19.58 | 106% |
| HCP | Long Beach | $47.38 | $23.27 | 104% |
| PacWest Bancorp | Rancho Santa Fe | $28.83 | $20.86 | 38% |
| Charles Schwab | San Francisco | $19.86 | $14.84 | 34% |
| Average Increase: All 10 Largest California Finance and REIT Corps | 203% | |||
| Other Sectors | ||||
| Standard Pacific | Irvine | $8.85 | $1.62 | 446% |
| Ross Stores | Pleasanton | $64.32 | $15.42 | 317% |
| GAP | San Francisco | $40.55 | $12.14 | 234% |
| McClatchy | Sacramento | $2.50 | $0.81 | 209% |
| Walt Disney | Burbank | $63.08 | $21.46 | 194% |
| Mattel | El Segundo | $44.75 | $15.63 | 186% |
| DIRECTV | El Segundo | $61.19 | $21.98 | 178% |
| McKesson | San Francisco | $113.86 | $41.21 | 176% |
| Allergan | Irvine | $99.49 | $40.67 | 145% |
| Gilead Sciences | Foster City | $54.48 | $24.14 | 126% |
| Amgen | Thousand Oaks | $100.53 | $57.52 | 75% |
| KB Home | Los Angeles | $22.16 | $12.91 | 72% |
| Clorox | Oakland | $83.08 | $51.36 | 62% |
| Avery Dennison | Pasadena | $43.50 | $30.25 | 44% |
| Century Aluminum | Monterey | $9.91 | $8.49 | 17% |
| Safeway | Pleasanton | $23.01 | $23.51 | -2% |
| Leap Wireless | San Diego | $5.64 | $25.31 | -78% |
| Average Increase: all 17 Largest California Other Sector Corps | 141% | |||
| Average Increase: all 29 Largest California Non-Technology Corps | 158% | |||
| Average Increase: all 65 Largest California Corps | 161% | |||
| S&P 500 Index | 1,630.74 | 850.12 | 92% | |
| Dow Industrials Index | 15,115.57 | 8,281.22 | 83% |
