These 41 New Jersey Corps had their average stock price increase by 103% from the time President Obama took office in his first term and October 16, 2012, as you can see from the below link:
New Jersey Corp Average Stock Prices Up 103% Since President Obama Took Office
So, how have these companies done lately? Well, substantially better, with their average stock price up 140% from January 16, 2009 to the close of Friday May 31, 2013. And this 140% increase is more than 1.5 times 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 New Jersey Corps have 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.
New Jersey citizens have to be very happy with the stock market performance of their many fine New Jersey companies during the Obama Administration.
New Jersey 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 New Jersey companies to 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 41 New Jersey 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 | ||
New Jersey | 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% | |
New Jersey Largest Corps | ||||
Rockwood Holdings | Princeton | $66.66 | $8.03 | 730% |
Wyndham Worldwide | Parsippany | $58.12 | $7.10 | 719% |
Actavus | Parsippany | $123.29 | $24.68 | 400% |
Hertz | Park Ridge | $25.83 | $5.27 | 390% |
Asta Funding | Englewood Cliffs | $9.19 | $1.91 | 381% |
WABCO Holdings | Piscataway | $75.42 | $16.43 | 359% |
Cytec | West Paterson | $71.47 | $21.83 | 227% |
Hovnanian Enterprises | Red Bank | $6.14 | $1.90 | 223% |
Ingersoll-Rand | Piscataway | $57.53 | $18.00 | 220% |
Cognizant Technology Solutions | Teaneck | $64.65 | $20.36 | 218% |
Innophos Holdings | Cranbury | $50.58 | $18.26 | 177% |
Bed Bath & Beyond | Union | $68.25 | $25.94 | 163% |
Childrens Place | Seacaucus | $53.33 | $20.54 | 160% |
Prudential Financial | Newark | $68.97 | $26.66 | 159% |
Celgene | Summit | $123.65 | $50.25 | 146% |
Honeywell | Morristown | $78.46 | $32.94 | 138% |
Church & Dwight | Princeton | $60.81 | $26.82 | 127% |
Tyco Intl | Princeton | $33.81 | $15.76 | 114% |
PHH | Mt Laurel | $20.16 | $10.04 | 101% |
Chubb | Warren | $87.10 | $43.80 | 99% |
Covance | Princeton | $74.58 | $40.28 | 85% |
Everest Reinsurance | Liberty Corner | $129.61 | $73.84 | 76% |
Automat Data Processing | Roseland | $68.72 | $39.42 | 74% |
Sealed Air | Elmwood Park | $24.02 | $14.32 | 68% |
Merck | Whitehouse Station | $46.70 | $28.19 | 66% |
Investors Bancorp | Short Hills | $19.78 | $12.49 | 58% |
Johnson and Johnson | New Brunswick | $84.18 | $57.44 | 47% |
Campbell Soup | Camden | $42.81 | $29.72 | 44% |
Warner Chilcott | Rockaway | $19.20 | $13.78 | 39% |
Becton Dickinson | Franklin Lakes | $98.62 | $72.52 | 36% |
Dun & Bradstreet | Short Hills | $98.14 | $74.00 | 33% |
Quest Diagnostics | Madison | $61.84 | $48.72 | 27% |
CR Bard | Murray Hill | $103.09 | $86.01 | 20% |
John Wiley & Sons | Hoboken | $39.70 | $35.58 | 12% |
Curtiss Wright | Parsippany | $36.36 | $34.47 | 5% |
Covanta | Morristown | $20.45 | $20.93 | -2% |
Foster Wheeler | Clinton | $23.02 | $24.27 | -5% |
Valley National Bank | Wayne | $9.32 | $12.74 | -27% |
Hudson City Bancorp | Paramus | $8.50 | $13.29 | -36% |
Lincoln Educational Services | West Orange | $6.89 | $13.51 | -49% |
Knight Capital | Jersey City | $3.63 | $16.00 | -77% |
Average Increase: All 41 New Jersey Largest Corps | 140% | |||
S&P 500 Index | 1,630.74 | 850.12 | 92% | |
Dow Industrials Index | 15,115.57 | 8,281.22 | 83% |