Saturday, June 1, 2013

Massachusetts Corp Stock Prices Up an Average 213% Since President Obama Took Office

In a October 16, 2012 post, I found 47 Corps headquartered in the State of Massachusetts, which 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 October 15, 2012, and which also had Core Pretax Income or Loss From Continuing Operations of at least $100 mil in any of the previous three fiscal years.

These 47 Massachusetts Corps had their average stock price increase by a huge 177% from the time President Obama took office in his first term and October 15, 2012, as you can see from the below link:

Massachusetts Corp Stock Prices Up 177% Since President Obama Took Office

So, how have these companies done lately?  Well, even better, with their average stock price increase by 213% from January 16, 2009 to the close of Friday May 31, 2013.  And this 213% increase is more than double both the 83% increase in the Dow Industrials Index and the 92% increase in the S&P 500 Index over the identical time span.

It is pretty clear that Massachusetts 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.

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

Massachusetts 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 Massachusetts 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.

And Massachusetts citizens must also be very pleased with all the help these Massachusetts companies received from all of their US Senators and US House members, and especially from John Kerry, Elizabeth Warren and Ed Markey.

Further, Massachusetts citizens are deeply indebted to probably the most effective State Governor in the country, Deval Patrick, for his huge assistance in helping Massachusetts businesses to flourish.

Below here are the common stock market closing prices of each of these 47 Massachusetts 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

Massachusetts 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%





Massachusetts Largest Corps



LTX-Credence Norwood $5.67 $0.28 1925%
Ariad Pharmaceuticals Cambridge $18.34 $1.27 1344%
IPG Photonics Oxford $59.30 $9.94 497%
Entegris Billerica $10.42 $2.00 421%
Skyworks Solutions Woburn $23.86 $4.59 420%
TJX Framingham $50.61 $10.33 390%
Biogen IDEC Weston $237.49 $51.05 365%
Talbot's Hingham $10.89 $2.50 336%
Affiliated Managers Prides Crossing $164.00 $39.26 318%
Bruker Billerica $16.53 $4.21 293%
Akamai Technologies Cambridge $46.12 $13.08 253%
Teradyne North Reading $17.94 $5.11 251%
Unifirst Wilmington $94.90 $28.55 232%
Sapient Boston $12.89 $4.00 222%
American Tower Boston $77.84 $29.07 168%
Cabot Corp Boston $40.94 $15.39 166%
Vertex Pharmaceuticals Cambridge $80.33 $30.75 161%
ParametricTechnology Needham $25.11 $9.64 160%
Waters Corp Milford $96.71 $38.67 150%
Cubist Pharmaceuticals Lexington $55.05 $23.25 137%
Analog Devices Norwood $45.93 $19.83 132%
Thermo Fisher Scientific Waltham $88.30 $38.90 127%
Eaton Vance Boston $41.51 $18.63 123%
Boston Properties Boston $106.58 $48.05 122%
EMC Hopkinton $24.76 $11.27 120%
PerkinElmer Waltham $31.32 $14.79 112%
Clean Harbors Norwell $57.20 $27.11 111%
Hospitality Properties Newton $29.18 $14.24 105%
Brooks Automation Chelmsford $10.65 $5.22 104%
MKS Instruments Andover $28.15 $14.04 100%
Watts Water Technologies North Andover $47.60 $24.25 96%
Hittite Microwave Chelmsford $54.28 $28.07 93%
State Street Corp Boston $66.18 $36.35 82%
Covidien Ltd Boston Area $63.60 $36.73 73%
Hologic Bedford $20.75 $12.27 69%
Charles River Labs Wilmington $43.31 $26.38 64%
Senior Housing Properties Newton $25.85 $16.32 58%
Iron Mountain Boston $35.84 $22.74 58%
OneBeacon Insurance Canton $14.22 $9.74 46%
Haemonetics Braintree $41.28 $28.71 44%
Raytheon Waltham $66.64 $52.67 27%
Hanover Insurance Group Worcester $50.23 $42.57 18%
Boston Scientifc Natick $9.24 $7.87 17%
Momenta Pharmaceuticals Cambridge $13.16 $12.49 5%
Staples Framingham $15.01 $17.45 -14%
First Marblehead Boston $1.18 $1.52 -22%
American Superconductor Devens $2.66 $17.18 -85%





Average Increase: all 47 Largest Massachusetts Corps


213%





S&P 500 Index 1,630.74 850.12 92%
Dow Industrials Index 15,115.57 8,281.22 83%