Thursday, August 1, 2013

Arizona Corp Stock Prices Up 160% Since President Obama Took Office, With Major Help From Senator McCain

In an October 14, 2012 post, I found 26 Corps headquartered in the State of Arizona, 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 12, 2012, and which also generated Core, Ongoing Pretax Income or Pretax Loss of at least $10 mil each in any of the most recent three fiscal years.

These 26 Arizona Corps had their average stock price increase by 84% from the time President Obama took office in his first term and October 12, 2012, as you can see in the below link:

Arizona Corp Stock Prices Up 84% 

So, how have these 26 Arizona Companies done lately?  Well, exceptionally better, with their average stock price up 160% from January 16, 2009 to the close today Thursday Aug 1, 2013.  And this 160% increase is 1.6 times the 101% increase in the S&P 500 Index over the identical time span.

Yeah, something magical has happened to the stock prices of so many of these Arizona Corps since October 2012.

Arizona citizens have to be extremely happy with the overall stock market performance of their superb Arizona Companies during the Obama Administration.

But there's much more to this story.

Arizona US Senator John McCain has worked hard and very successfully on behalf of nearly all Arizona companies.  And he has very effectively worked across the aisle, particularly when the end result was economically beneficial to Arizona citizens and businesses.

And when you have a very knowledgeable, extremely influential Senator like McCain working with the Obama Administration on key initiatives, it only makes sense that the end result will be that the overall stock prices of Arizona Corps will do exceptionally well.

Thus, it only makes sense that Senator McCain 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 26 Arizona Corps at both the most recent date (August 1, 2013) or at a recent acquisition date for the two companies which were acquired, 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

Arizona Price Price Increase

HQs 8/1/2013 1/16/2009 (Decrease)




Dow Industrials Index 15,628.02 8,281.22 89%
S&P 500 Index
1,706.87 850.12 101%
S&P Mid-Cap 400 Index
1,257.72 516.75 143%
S&P SmallCap 600 Index
595.83 247.89 140%





Companies HQd in Arizona



Providence Service Corp Tucson $28.17 $1.55 1717%
Meritage Homes Scottsdale $44.92 $10.90 312%
Petsmart Phoenix $74.29 $18.35 305%
JDA Software (1) Scottsdale $45.00 $13.31 238%
Insight Enterprises Tempe $21.90 $6.74 225%
Medicis Pharmaceutical (2) Scottsdale $44.00 $14.32 207%
Mobile Mini Tempe $35.32 $13.24 167%
Freeport McMoran Phoenix $29.10 $12.20 139%
Microchip Technology Chandler $41.69 $17.71 135%
Cavco Industries Phoenix $55.18 $23.67 133%
US Airways Tempe $19.38 $8.53 127%
Western Alliance Bancorp Phoenix $18.14 $8.12 123%
Avnet Phoenix $39.11 $17.96 118%
ON Semiconductor Phoenix $8.44 $4.40 92%
Grand Canyon Education Phoenix $34.32 $20.19 70%
Southern Copper Phoenix $26.27 $15.62 68%
Amkor Technology Chandler $4.26 $2.70 58%
Amtech Systems Tempe $6.61 $4.20 57%
Republic Services Phoenix $34.41 $25.54 35%
Knight Transportation Phoenix $17.52 $13.11 34%
Viad Corp Phoenix $24.74 $22.94 8%
Limelight Networks Tempe $2.42 $2.33 4%
AV Homes Scottsdale $16.77 $26.16 -36%
Universal Technical Institute Scottsdale $11.69 $18.55 -37%
First Solar Tempe $48.15 $145.42 -67%
Apollo Group Phoenix $19.71 $89.22 -78%





Average Increase: all 26 Arizona Corps


160%





Dow Industrials Index 15,628.02 8,281.22 89%
S&P 500 Index
1,706.87 850.12 101%
S&P Mid-Cap 400 Index
1,257.72 516.75 143%
S&P SmallCap 600 Index
595.83 247.89 140%

(1) JDA Software was acquired by Red Prarie for $45.00 in Dec 2012.
(2) Medici Pharmaceutical was acquired by Valeant Pharmaceuticals for $44.00 in Dec 2012.