Smaller California Corp 2011 Annual Earnings
There were 94 of these Smaller California Corps, which had their common stock trading at both the beginning of the Obama Administration and presently. These 94 Smaller California Corps generated an average stock market price increase of 143% from January 16, 2009 and June 5, 2013. This 143% average stock market price increase is more than 1.6 times the 89% increase in the S&P 500 Stock Index and the 81% increase in the Dow Industrials Index over the identical time frame.
Now granted this 143% average stock market price increase for these Smaller California Corps during the Obama Administration is a bit below the 189% comparable increase for the Medium-sized California Corps and the 161% comparable increase for the Largest California Corps, but this 143% average increase is still very impressive.
California citizens have to be extremely happy with the stock market performance of their many fine California companies of all sizes during the Obama Administration.
And 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 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.
I think for these California Corps to continue to achieve this outstanding stock market performance for the remainder of the Obama Administration's second Presidential term, it is necessary (1) for Janet Yellen to be the next US Fed Chairperson starting in 2014, (2) for the US Senate to remain in Democratic control with the 2014 election, and (3) for the US House to return to Democratic control with the 2014 election. If all three of these occur, I think you will not only see a rip-roaring stock market in the last two years of Obama's second Presidential term, but even more importantly, you also will see these very robust economic benefits shared fairly among all US citizens.
Below here are the common stock market closing prices of each of these 94 Smaller California Corps at both the most recent date (June 5, 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 | 6-5-13 | 1-16-09 | (Decrease) | |
| S&P 500 Index | 1,608.90 | 850.12 | 89% | |
| Dow Industrials Index | 14,960.59 | 8,281.22 | 81% | |
| California Smaller Corps | ||||
| Technology | ||||
| Nanometrics | Milpitas | $14.53 | $1.26 | 1053% |
| Entropic Communications | San Diego | 4.45 | 0.60 | 642% |
| Integrated Silicon Solution | Santa Clara | 10.78 | 1.68 | 542% |
| OSI Systems | Hawthorne | 54.43 | 13.46 | 304% |
| VeriFone Systems | San Jose | 21.95 | 5.55 | 295% |
| Silicon Graphics International | Fremont | 14.16 | 4.01 | 253% |
| Ultratech | San Jose | 36.11 | 10.60 | 241% |
| Semtech | Camarillo | 35.55 | 11.05 | 222% |
| Riverbed Technology | San Francisco | 15.38 | 4.86 | 216% |
| Electronics For Imaging | Foster City | 28.11 | 9.00 | 212% |
| Advent Software | San Francisco | 32.42 | 10.75 | 202% |
| Power Integrations | San Jose | 41.96 | 18.74 | 124% |
| iGATE | Fremont | 14.17 | 6.41 | 121% |
| Newport Corp | Irvine | 12.96 | 5.87 | 121% |
| Synaptics | Santa Clara | 42.75 | 20.62 | 107% |
| Super Micro Computer | San Jose | 10.49 | 5.71 | 84% |
| Websense | San Diego | 24.70 | 13.77 | 79% |
| Microsemi | Aliso Viejo | 21.55 | 12.02 | 79% |
| IXYS | Milpitas | 11.39 | 6.82 | 67% |
| CoreLogic | Santa Ana | 24.51 | 15.16 | 62% |
| Mattson Technology | Fremont | 2.10 | 1.30 | 62% |
| Silicon Image | Sunnyvale | 5.94 | 3.98 | 49% |
| Integrated Device Technology | San Jose | 8.43 | 5.73 | 47% |
| Micrel | San Jose | 9.93 | 7.09 | 40% |
| Infinera | Sunnyvale | 10.54 | 8.70 | 21% |
| Multi Fineline Electronix | Irvine | 15.30 | 17.12 | -11% |
| STEC | Santa Ana | 3.41 | 4.33 | -21% |
| Sigma Designs | Milpitas | 4.80 | 10.81 | -56% |
| Aviat Networks | Santa Clara | 2.84 | 6.55 | -57% |
| OPTi | Palo Alto | 0.50 | 2.00 | -75% |
| Smith Micro Software | Aliso Viejo | 1.30 | 5.54 | -77% |
| Average Increase: All 31 Smaller California Technology Corps | 160% | |||
| Health Care | ||||
| DexCom | San Diego | 21.81 | 3.50 | 523% |
| Medivation | San Francisco | 48.01 | 8.26 | 481% |
| Neurocrine | San Diego | 12.80 | 3.31 | 287% |
| Dynavax Technologies | Berkeley | 2.41 | 0.72 | 235% |
| IPC The Hospitalist Co | North Hollywood | 47.43 | 16.35 | 190% |
| BioMarin Pharmaceuticals | Novato | 57.67 | 20.83 | 177% |
| ICU Medical | San Clemente | 67.89 | 30.55 | 122% |
| Quidel | San Diego | 25.12 | 12.23 | 105% |
| Ensign Group | Mission Viejo | 35.35 | 17.26 | 105% |
| Isis Pharmaceuticals | Carlsbad | 20.91 | 13.99 | 49% |
| Halozyme Therapeutics | San Diego | 6.27 | 5.73 | 9% |
| Affymetrix | Santa Clara | 3.58 | 3.46 | 3% |
| Peregrine Pharmaceuticals | Tustin | 1.66 | 2.10 | -21% |
| Skilled Healthcare Group | Foothill Ranch | 7.04 | 9.01 | -22% |
| Masimo | Irvine | 21.33 | 27.50 | -22% |
| XOMA | Berkeley | 4.08 | 10.50 | -61% |
| Hansen Medical | Mountain View | 1.59 | 5.24 | -70% |
| XenoPort | Santa Clara | 5.31 | 27.15 | -80% |
| Sequenom | San Diego | 3.93 | 25.15 | -84% |
| Affymax | Palo Alto | 1.20 | 11.17 | -89% |
| Average Increase: All 20 Smaller California Health Care Corps | 92% | |||
| Finance including REITs | ||||
| Consumer Portfolio Services | Irvine | 7.30 | 0.56 | 1204% |
| CAI International | San Francisco | 25.59 | 2.67 | 858% |
| Encore Capital Group | San Diego | 35.85 | 6.52 | 450% |
| Macerich | Santa Monica | 61.61 | 15.89 | 288% |
| CorVel | Irvine | 54.37 | 18.68 | 191% |
| Douglas Emmett | Santa Monica | 24.53 | 10.94 | 124% |
| Essex Property Trust | Palo Alto | 154.45 | 71.16 | 117% |
| LTC Properties | Westlake Village | 41.51 | 19.75 | 110% |
| BRE Properties | San Francisco | 49.09 | 26.86 | 83% |
| BioMed Realty Trust | San Diego | 20.66 | 11.60 | 78% |
| BBCN Bancorp | Los Angeles | 12.54 | 7.23 | 73% |
| McGrath RentCorp | Livermore | 33.30 | 21.91 | 52% |
| Wilshire Bancorp | Los Angeles | 6.50 | 7.15 | -9% |
| Average Increase: All 13 Smaller California Finance Corps | 278% | |||
| Other Sectors | ||||
| On Assignment | Calabasas | 25.02 | 5.07 | 393% |
| Lions Gate Entertainment | Santa Monica | 28.36 | 5.80 | 389% |
| PriceSmart | San Diego | 83.73 | 17.54 | 377% |
| GenCorp | Rancho Cordova | 13.48 | 3.09 | 336% |
| Quiksilver | Huntington Beach | 7.34 | 1.77 | 315% |
| BJs Restaurants | Huntington Beach | 37.23 | 9.44 | 294% |
| Pacific Sunwear of California | Anaheim | 3.29 | 1.07 | 207% |
| Core-Mark Holding | South San Francisco | 60.69 | 20.01 | 203% |
| True Religion Apparel | Vernon | 31.63 | 11.79 | 168% |
| Kaiser Aluminum | Foothill Ranch | 62.11 | 24.15 | 157% |
| Exponent | Menlo Park | 56.75 | 26.12 | 117% |
| WD-40 | San Diego | 55.38 | 25.93 | 114% |
| Sunstone Hotel Investors | San Clemente | 11.52 | 5.63 | 105% |
| Rovi Corp | Santa Clara | 25.36 | 13.45 | 89% |
| Superior Industries Intl | Van Nuys | 18.20 | 10.90 | 67% |
| Korn/Ferry | Los Angeles | 17.49 | 10.63 | 65% |
| Capstone Turbine | Chatsworth | 1.18 | 0.87 | 36% |
| Simpson Manufacturing | Pleasanton | 28.66 | 22.35 | 28% |
| Crown Media Holdings | Studio City | 2.00 | 1.94 | 3% |
| PICO Holdings | La Jolla | 22.10 | 26.06 | -15% |
| American Apparel | Los Angeles | 1.99 | 2.44 | -18% |
| Resources Connection | Irvine | 11.49 | 14.71 | -22% |
| Callaway Golf | Carlsbad | 6.90 | 9.05 | -24% |
| Diamond Foods | Stockton | 15.68 | 22.14 | -29% |
| Farmer Bros. Co. | Torrance | 14.51 | 21.98 | -34% |
| ZAP | Santa Rosa | 0.13 | 0.23 | -43% |
| Fuel Systems Solutions | Santa Ana | 15.78 | 30.06 | -48% |
| JAKKS Pacific | Malibu | 10.11 | 19.55 | -48% |
| AeroVironment | Monrovia | 20.24 | 39.24 | -48% |
| Pacific Ethanol | Sacramento | 3.95 | 53.55 | -93% |
| Average Increase: All 30 Smaller California Other Sector Corps | 101% | |||
| Average Increase: All 94 Smaller California Corps | 143% | |||
| S&P 500 Index | 1,608.90 | 850.12 | 89% | |
| Dow Industrials Index | 14,960.59 | 8,281.22 | 81% | |
