Sunday, August 25, 2013

Los Angeles Area Corp Stock Prices Up 154% Since President Obama Took Office

From a review of SEC filings, I found 66 Corps headquartered in the Los Angeles area in the State of California, which generated Core, Ongoing Pretax Income or Pretax Loss of at least $100 mil each in any of the first three years of the Obama Administration (2009, 2010 or 2011), and which also 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 August 23, 2013.  Included in these 66 Corps are a handful of them which had their common stock first trading in 2009 and 2010 and also ones getting sold in either 2012 or 2013.  Also included in these 66 Corps is a foreign corp with substantial operations in Los Angeles.

These 66 LA area Corps had their average stock prices increase by 154% from January 16, 2009 to the close on Aug 23, 2013.  This 154% increase is more than 1.5 times the 96% increase in the S&P 500 Index over the same time span.

Granted, this 154% increase for LA Area Corps is significantly short of the 243% comparable increase for San Fran area Corps, but still this 154% increase in over just more than four and a half years is awfully impressive.   LA area citizens here have to be pleased with the overall stock market performance of their many superb Companies during the Obama Administration.

This 154% increase occurred predominately in the first two years of the Obama Administration, when both the US Senate and the US House were under Democratic control.

Below here are the common stock market closing prices of each of these 66 LA area Companies at both the most recent closing  (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:

LA Area 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%





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%





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%