Wednesday, July 31, 2013

New Hampshire Corp Stock Prices Triple Since President Obama and Senator Shaheen Both Took Office

I found 7 Corps headquartered in the State of New Hampshire, 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 yesterday, July 30, 2013, and which also had Ongoing, Core Pretax Income or Loss From Continuing Operations of at least $5 mil in any of the previous five fiscal years.

These 7 New Hampshire Corps had their average stock prices precisely triple or increase 200% from January 16, 2009 to the close of yesterday July 30, 2013.  And this 200% increase is double the 98% increase in the S&P 500 Index over the identical time span.

In addition, Hudson, New Hampshire-based Micronetics was sold to Mercury Computer Systems in August 2012 for $14.80, up 337% from its market price at the beginning of the Obama Administration.  When Micronetics is added in, this average stock price increase for these 8 New Hampshire Corps increases to 217%.

It is pretty clear that the combination of the Obama Administration and US Senator Jeanne Shaheen has done economic wonders to New Hampshire businesses, as is evidenced by the outstanding stock market performance of these superlative New Hampshire Corps.

And let me give a shout out to New Hampshire US Republican Senator Kelly Ayotte, who has stepped up to be part of the "The Diners Club", a group of 8 of the most savvy Republican Senators who have decided to patriotically work with the Obama Administration to help solve the country's fiscal problems.

Below here are the common stock market closing prices of each of these 7 New Hampshire Corps at both the most recent date (July 30, 2013), and also at the date just before President Obama and Senator Jeanne Shaheen took office as well as the percentage stock market price changes for this four and a half year period of time:

Market Market Percentage

New Hampshire Price Price Increase

HQs 7-30-13 1-16-09 (Decrease)

Companies HQd in New Hampshire

Bottomline Technologies Portsmouth $28.97 $6.06 378%
ICAD Nashua $5.90 $1.37 331%
Standex International Salem $58.95 $17.01 247%
PC Connection Merrimack $16.95 $5.43 212%
White Mountains Insurance Hanover $601.15 $275.07 119%
New Hampshire Thrift Bancshares Newport $13.79 $7.00 97%
GT Advanced Technologies Merrimack $5.10 $4.46 14%

Average Increase: all 7 New Hampshire Corps


Dow Industrials Index
15,520.59 8,281.22 87%
S&P 500 Index
1,685.96 850.12 98%
S&P Mid-Cap 400 Index
1,226.98 516.75 137%
S&P SmallCap 600 Index
586.52 247.89 137%