These 187 California Area Corps had their average stock prices increase by a superb 203% from January 16, 2009 to the close Aug 23, 2013. This 203% increase is more than double the 96% increase in the S&P 500 Index over the same time span.
Yeah, a 203% average increase over just more than four and a half years is awfully impressive. California citizens have to be extremely happy with the overall stock market performance of their many exceptional Companies during the Obama Administration.
This massive 203% increase predominately occurred in the first two years of the Obama Administration, when both the US Senate and the US House were under Democratic control.
California Corps have not just been bolstered by the Obama Administration, but also by so many visionary, very effective, elected California government leaders like Governor Jerry Brown, US Senators Barbara Boxer and Dianne Feinstein, and US House Minority Head Nancy Pelosi, and also by the wholescale, across-the-board exceptional performance of California representatives in both the US House and in the California State Legislatures.
If all of the following were to occur.....Janet Yellen becoming the new US Fed Chairperson in Jan 2014, the US Senate remaining in Democratic Control and with Mitch McConnell defeated in Nov 2014, and with the US House switching to Democratic Control also in Nov 2014.....this 203% average stock price increase for these 187 California Corps will increase to above 400% over Obama's entire eight-year Presidential run. I am pretty certain of it.
I do think that one thing that nearly everyone has missed, including the CBO, is how the massive increase in the US stock market has had, and will continue to have, a substantial downward impact on the annual deficits of the US Government, and frankly also of the State of California, especially since stock and/or stock options are such a very significant piece in the so many key employee compensation packages in Silicon Valley. I'll make a prediction.....If the US stock market continues on its present upward path, the annual US Government deficit in the last year of the Obama Administration will be less than $100 bil. It will have nothing to do with austerity, and all to do with a robust US economy, hopefully one where all boats rise, not just the yachts.
Below here are the common stock market closing prices of each of these 187 California Companies at both the most recent date (Aug 23, 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:
| California Corps | Market | Market | Percentage | |
| California | Price | Price | Increase | |
| HQs | 8-23-13 | 1-16-09 | (Decrease) | |
| Dow Industrials Index | 15,010.51 | 8,281.22 | 81% | |
| S&P 500 Index | 1,663.50 | 850.12 | 96% | |
| S&P Mid-Cap 400 Index | 1,217.43 | 516.75 | 136% | |
| S&P SmallCap 600 Index | 588.53 | 247.89 | 137% | |
| San Francisco and Silicon Valley Area Corps | ||||
| Technology | ||||
| Seagate Technology | Cupertino | $40.13 | $4.39 | 814% |
| Netflix | Los Gatos | $278.36 | $31.26 | 790% |
| Sanmina-SCI | San Jose | $16.49 | $2.28 | 623% |
| Salesforce.com | San Francisco | $43.59 | $7.03 | 520% |
| Apple | Cupertino | $501.02 | $82.33 | 509% |
| Finisar | Sunnyvale | $21.26 | $4.36 | 388% |
| Sandisk | Milpitas | $56.82 | $12.03 | 372% |
| TIBCO Software | Palo Alto | $23.20 | $5.24 | 343% |
| Plantronics | Santa Cruz | $44.62 | $10.88 | 310% |
| VMWare | Palo Alto | $87.80 | $22.00 | 299% |
| Ebay | San Jose | $51.65 | $13.26 | 290% |
| Synnex | Fremont | $50.49 | $13.60 | 271% |
| VeriFone Systems | San Jose | $20.39 | $5.55 | 267% |
| JDS Uniphase | Milpitas | $13.55 | $3.79 | 258% |
| Cadence Design Systems | San Jose | $14.06 | $3.99 | 252% |
| iGATE | Fremont | $22.28 | $6.41 | 248% |
| Trimble Navigation | Sunnyvale | $25.92 | $7.61 | 241% |
| Riverbed Technology | San Francisco | $16.03 | $4.86 | 230% |
| Equinix | Redwood City | $170.01 | $53.71 | 217% |
| Flextronics International | San Jose | $8.94 | $2.91 | 207% |
| Omnivision Technologies | Santa Clara | $16.80 | $5.68 | 196% |
| Novellus Systems | San Jose | $40.39 | $13.88 | 191% |
| Mountain View | $870.21 | $299.67 | 190% | |
| Informatica | Redwood City | $37.98 | $13.13 | 189% |
| NetApp | Sunnyvale | $41.95 | $14.92 | 181% |
| Check Point Software | San Carlos | $57.72 | $20.96 | 175% |
| Intuit | Mountain View | $64.18 | $24.01 | 167% |
| KLA Tencor | Milpitas | $56.67 | $21.33 | 166% |
| Xilinx | San Jose | $44.19 | $16.93 | 161% |
| NETGEAR | San Jose | $29.72 | $11.41 | 160% |
| Fairchild Semiconductor | San Jose | $12.40 | $4.97 | 149% |
| Fortinet | Sunnyvale | $20.34 | $8.31 | 145% |
| Agilent Technologies | Santa Clara | $47.68 | $19.51 | 144% |
| Cypress Semiconductor | San Jose | $11.79 | $4.83 | 144% |
| Yahoo! | Sunnyvale | $27.99 | $11.59 | 142% |
| Autodesk | San Rafael | $38.91 | $16.14 | 141% |
| Brocade Communication Systems | San Jose | $7.85 | $3.32 | 136% |
| LSI Corp | San Jose | $7.59 | $3.30 | 130% |
| Maxim Integrated Products | San Jose | $27.71 | $12.26 | 126% |
| Lam Research | Fremont | $48.26 | $22.17 | 118% |
| Adobe Systems | San Jose | $45.77 | $21.06 | 117% |
| Atmel | San Jose | $7.49 | $3.47 | 116% |
| Altera | San Jose | $34.66 | $16.07 | 116% |
| Synaptics | Santa Clara | $41.16 | $20.62 | 100% |
| Synopsys | Mountain View | $36.94 | $18.89 | 96% |
| Symantec | Mountain View | $26.33 | $13.49 | 95% |
| Marvell Technology Group | Santa Clara | $12.19 | $6.31 | 93% |
| Oracle | Redwood City | $31.77 | $16.91 | 88% |
| NVIDIA | Santa Clara | $14.96 | $7.99 | 87% |
| Tessara Technologies | San Jose | $18.75 | $11.32 | 66% |
| Linear Technology | Milpitas | $39.12 | $23.94 | 63% |
| Intel | Santa Clara | $22.44 | $13.74 | 63% |
| Electronic Arts | Redwood City | $27.97 | $17.53 | 60% |
| Advanced Micro Devices | Sunnyvale | $3.65 | $2.29 | 59% |
| Applied Materials | Santa Clara | $15.62 | $10.18 | 53% |
| Cisco Systems | San Jose | $23.86 | $15.82 | 51% |
| Integrated Device Technology | San Jose | $8.63 | $5.73 | 51% |
| Polycom | San Jose | $10.33 | $7.17 | 44% |
| PMC Sierra | Sunnyvale | $6.35 | $4.77 | 33% |
| Juniper Networks | Sunnyvale | $19.74 | $16.39 | 20% |
| Intersil | Milpitas | $11.00 | $9.48 | 16% |
| Rambus | Sunnyvale | $8.44 | $9.47 | -11% |
| SunPower | San Jose | $22.95 | $33.62 | -32% |
| Hewlett Packard | Palo Alto | $22.40 | $34.77 | -36% |
| Average Increase: all 64 Technology Corps | 188% | |||
| Health Care | ||||
| Jazz Pharmaceuticals | Palo Alto | $85.25 | $1.30 | 6458% |
| Align Technology | San Jose | $44.51 | $9.25 | 381% |
| Intuitive Surgical | Sunnyvale | $390.09 | $99.97 | 290% |
| Impax Laboratories | Hayward | $20.95 | $5.84 | 259% |
| McKesson | San Francisco | $122.95 | $41.21 | 198% |
| Theravance | South San Francisco | $36.12 | $12.41 | 191% |
| Coherent | Santa Clara | $56.27 | $20.27 | 178% |
| Nektar Therapeutics | San Francisco | $12.15 | $4.70 | 159% |
| Gilead Sciences | Foster City | $59.64 | $24.14 | 147% |
| Anacor Pharmaceuticals | Palo Alto | $10.65 | $5.09 | 109% |
| Varian Medical Systems | Palo Alto | $72.65 | $35.63 | 104% |
| Bio-Rad Laboratories | Hercules | $116.75 | $67.32 | 73% |
| InterMune | Brisbane | $14.45 | $10.08 | 43% |
| Thoratec | Pleasanton | $36.14 | $29.69 | 22% |
| Exelixis | South San Francisco | $5.16 | $4.73 | 9% |
| Rigel Pharmaceuticals | South San Francisco | $3.63 | $7.34 | -51% |
| Average Increase: all 16 Health Care Corps | 536% | |||
| Finance Including REITs | ||||
| KKR Financial Holdings | San Francisco | $10.18 | $1.50 | 579% |
| SVB Financial Group | Santa Clara | $88.24 | $22.57 | 291% |
| Visa | Foster City | $179.10 | $47.41 | 278% |
| First Republic Bank | San Francisco | $45.91 | $13.05 | 252% |
| Franklin Resources | San Mateo | $46.97 | $18.27 | 157% |
| Wells Fargo | San Francisco | $42.76 | $18.68 | 129% |
| Prologis | San Francisco | $36.08 | $19.58 | 84% |
| Digital Realty Trust | San Francisco | $54.73 | $32.36 | 69% |
| Redwood Trust | Mill Valley | $17.42 | $11.83 | 47% |
| Charles Schwab | San Francisco | $21.53 | $14.84 | 45% |
| Westamerica Bancorporation | San Rafael | $50.13 | $45.46 | 10% |
| Average Increase: all 11 Finance Corps | 176% | |||
| Other Sectors | ||||
| Williams Sonoma | San Francisco | $58.74 | $7.83 | 650% |
| Tesla Motors | Palo Alto | $161.84 | $23.89 | 577% |
| Cooper Companies | Pleasanton | $130.16 | $20.44 | 537% |
| Ross Stores | Pleasanton | $69.86 | $15.42 | 353% |
| GAP | San Francisco | $41.97 | $12.14 | 246% |
| Robert Half International | Menlo Park | $37.19 | $18.60 | 100% |
| Chevron | San Ramon | $119.53 | $71.74 | 67% |
| Clorox | Oakland | $84.29 | $51.36 | 64% |
| TiVo | San Jose | $11.33 | $7.39 | 53% |
| URS | San Francisco | $50.27 | $37.97 | 32% |
| Safeway | Pleasanton | $26.69 | $23.51 | 14% |
| Central Garden & Pet | Walnut Creek | $6.87 | $6.14 | 12% |
| Dolby Laboratories | San Francisco | $32.35 | $31.57 | 2% |
| Average Increase: all 13 Other Sector Corps | 208% | |||
| Average Increase: all 104 San Francisco and Silicon Valley Area Corps | 243% | |||
| Los Angeles Area Corps | ||||
| Technology | ||||
| Power-One | Camarillo | $6.35 | $1.22 | 420% |
| Western Digital | Irvine | $65.43 | $13.31 | 392% |
| ValueClick | Westlake Village | $22.38 | $5.78 | 287% |
| j2 Global | Los Angeles | $50.72 | $17.76 | 186% |
| Semtech | Camarillo | $30.40 | $11.05 | 175% |
| Quest Software | Aliso Viejo | $28.00 | $12.85 | 118% |
| Microsemi | Aliso Viejo | $26.00 | $12.02 | 116% |
| Teledyne Technologies | Thousand Oaks | $80.65 | $37.38 | 116% |
| TTM Technologies | Costa Mesa | $10.41 | $5.86 | 78% |
| International Rectifier | El Segundo | $24.71 | $13.98 | 77% |
| Activision Blizzard | Santa Monica | $16.72 | $9.57 | 75% |
| Ingram Micro | Santa Ana | $22.90 | $13.50 | 70% |
| Broadcom | Irvine | $25.24 | $17.13 | 47% |
| United Online | Woodland Hills | $8.04 | $6.19 | 30% |
| Quality Systems | Irvine | $21.72 | $20.66 | 5% |
| Qlogic | Aliso Viejo | $11.21 | $12.48 | -10% |
| Average Increase: all 16 Technology | 136% | |||
| Finance Including REITs | ||||
| Macerich | Santa Monica | $56.72 | $15.89 | 257% |
| East West Bancorp | Pasadena | $31.33 | $9.98 | 214% |
| Public Storage | Glendale | $157.68 | $67.34 | 134% |
| City National | Los Angeles | $69.37 | $36.92 | 88% |
| HCP | Long Beach | $40.95 | $23.27 | 76% |
| PacWest Bancorp | Los Angeles | $34.55 | $20.86 | 66% |
| CVB Financial | Ontario | $13.32 | $8.79 | 52% |
| Cathay General Bancorp | Los Angeles | $23.83 | $16.35 | 46% |
| MPG Office Trust | Los Angeles | $3.13 | $2.45 | 28% |
| Alexandria Real Estate Equities | Pasadena | $61.97 | $58.40 | 6% |
| Mercury General | Los Angeles | $43.81 | $43.63 | 0% |
| Hanmi Financial | Los Angeles | $17.19 | $17.60 | -2% |
| Average Increase: all 12 Finance | 80% | |||
| Health Care | ||||
| Questcor Pharmaceuticals | Anaheim | $71.84 | $6.71 | 971% |
| Herbalife Ltd | Los Angeles | $64.32 | $10.52 | 511% |
| Molina Healthcare | Long Beach | $35.12 | $12.66 | 177% |
| Edwards Lifesciences | Irvine | $72.94 | $28.66 | 155% |
| Allergan | Irvine | $89.54 | $40.67 | 120% |
| Health Net | Los Angeles | $29.58 | $13.96 | 112% |
| Amgen | Thousand Oaks | $105.60 | $57.52 | 84% |
| VCA Antech | Los Angeles | $28.51 | $19.33 | 47% |
| Average Increase: all 8 Health Care | 272% | |||
| Leisure & Entertainment | ||||
| Lions Gate Entertainment | Santa Monica | $35.51 | $5.80 | 512% |
| Live Nation Entertainment | Beverly Hills | $17.61 | $5.22 | 237% |
| Walt Disney | Burbank | $61.73 | $21.46 | 188% |
| Mattel | El Segundo | $41.73 | $15.63 | 167% |
| DIRECTV | El Segundo | $57.88 | $21.98 | 163% |
| DreamWorks Animation | Glendale | $30.03 | $24.82 | 21% |
| Average Increase: all 6 Leisure & Entertainment | 215% | |||
| Retail | ||||
| DineEquity | Glendale | $67.30 | $8.76 | 668% |
| Cheesecake Factory | Calabassas Hills | $42.92 | $8.78 | 389% |
| Skechers USA | Manhattan Beach | $30.77 | $10.06 | 206% |
| Deckers Outdoor | Goleda | $59.56 | $20.18 | 195% |
| 99 Cents Only Stores | City of Commerce | $22.01 | $9.70 | 127% |
| Guess? | Los Angeles | $28.21 | $16.22 | 74% |
| Average Increase: all 6 Retail | 276% | |||
| Other Sectors | ||||
| CBRE Group | Los Angeles | $21.91 | $4.26 | 414% |
| Standard Pacific | Irvine | $7.55 | $1.62 | 366% |
| Monster Beverage | Corona | $59.60 | $16.83 | 254% |
| Reliance Steel & Aluminum | Los Angeles | $69.58 | $20.26 | 243% |
| Kaiser Aluminum | Foothill Ranch | $69.89 | $24.15 | 189% |
| Breitburn Energy Partners | Los Angeles | $17.66 | $7.77 | 127% |
| Ryland Group | Westlake Village | $34.85 | $17.01 | 105% |
| Occidental Petroleum | Los Angeles | $88.17 | $53.53 | 65% |
| Avery Dennison | Pasadena | $44.23 | $30.25 | 46% |
| Ceradyne | Costa Mesa | $35.00 | $23.99 | 46% |
| UTI Worldwide | Long Beach | $17.23 | $12.04 | 43% |
| KB Home | Los Angeles | $16.44 | $12.91 | 27% |
| Jacobs Engineering Group | Pasadena | $59.87 | $48.36 | 24% |
| AECOM Technology | Los Angeles | $30.74 | $26.60 | 16% |
| Dole Food Co. | Westlake Village | $13.78 | $12.28 | 12% |
| Tetra Tech | Pasadena | $23.23 | $22.48 | 3% |
| Tutor Perini | Sylmar | $19.22 | $22.55 | -15% |
| Corinthian Colleges | Santa Ana | $2.69 | $17.51 | -85% |
| Average Increase: all 18 Other Sectors | 105% | |||
| Average Increase: all 66 LA Area Corps | 154% | |||
| San Diego Area Corps | ||||
| Health Care | ||||
| Life Technologies | Carlsbad | $74.46 | $27.73 | 169% |
| Amylin Pharmaceuticals | San Diego | $31.00 | $11.63 | 167% |
| Illumina | San Diego | $79.31 | $30.33 | 161% |
| ResMed | San Diego | $49.18 | $19.41 | 153% |
| Gen-Probe | San Diego | $82.69 | $41.51 | 99% |
| CareFusion | San Diego | $35.68 | $18.50 | 93% |
| Arena Pharmaceuticals | San Diego | $6.96 | $3.70 | 88% |
| Average Increase: all 7 Health Care | 133% | |||
| Other Sectors | ||||
| Encore Capital Group | San Diego | $43.63 | $6.52 | 569% |
| Cymer | San Diego | $116.10 | $20.97 | 454% |
| Realty Income | Escondido | $40.68 | $20.63 | 97% |
| Jack in the Box | San Diego | $41.21 | $21.94 | 88% |
| Qualcomm | San Diego | $67.15 | $36.02 | 86% |
| Cubic Corp | San Diego | $50.78 | $27.91 | 82% |
| Bridgepoint Education | San Diego | $16.31 | $11.10 | 47% |
| Leap Wireless | San Diego | $15.75 | $25.31 | -38% |
| Average Increase: all 8 Other Sectors | 173% | |||
| Average Increase: all 15 San Diego Area Corps | 154% | |||
| Other California Corps | ||||
| McClatchy | Sacramento | $3.30 | $0.81 | 307% |
| Granite Construction | Watsonville | $29.56 | $40.71 | -27% |
| Average Increase: all 187 California Corps | 203% | |||
