These 29 Michigan Corps had their average stock prices increase by an off-the-charts 482% from January 16, 2009 to August 27, 2013. This 482% increase is an incredible 5.2 times the 92% increase in the S&P 500 Index over the same time span.
The 8 Michigan Auto Related Corps have had their average common stock prices increase by 623% during the Obama Administration.
The 21 Michigan Non-Auto Related Corps have had their average common stock prices increase by 432% during the Obama Administration.
It's pretty clear to me that the US Government should be addressing what Auto Industry Resurrection initiatives can be applied successfully to all US Manufacturing Sectors and to all US Technology Sectors. When something is this successful, why not try to repeat it?
Below here are the common stock market closing prices of each of these 29 Michigan Corps at both the most recent date (August 27, 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 | ||
Michigan | Price | Price | Increase | |
HQs | 8-27-13 | 1-16-09 | (Decrease) | |
Companies Headquartered in Michigan | ||||
Auto-Related Sector | ||||
TRW Automotive | Livonia | $68.46 | $3.86 | 1674% |
American Axle | Detroit | $19.01 | $1.41 | 1248% |
Ford Motor | Dearborn | $15.88 | $2.19 | 625% |
Penske Automotive | Bloomfield Hills | $39.16 | $7.43 | 427% |
Borg Warner | Auburn Hills | $94.75 | $18.89 | 402% |
Federal Mogul | Southfield | $15.19 | $4.30 | 253% |
Meritor | Troy | $7.55 | $2.50 | 202% |
Gentex | Zeeland | $22.60 | $8.79 | 157% |
Average Increase: all 8 Auto Corps | 623% | |||
Non-Auto Sectors | ||||
Trimas | Bloomfield Hills | $36.53 | $1.29 | 2732% |
Valassis Communications | Livonia | $27.64 | $1.43 | 1833% |
LA-Z-BOY | Monroe | $21.78 | $1.65 | 1220% |
Dominos Pizza | Ann Arbor | $61.16 | $6.22 | 883% |
Credit Acceptance | Southfield | $108.38 | $18.17 | 496% |
Perrigo | Allegan | $116.83 | $29.48 | 296% |
Whirlpool | Benton Harbor | $128.74 | $39.84 | 223% |
Steelcase | Grand Rapids | $14.76 | $4.65 | 217% |
Taubman Centers | Bloomfield Hills | $68.00 | $22.25 | 206% |
Wolverwine WW | Rockford | $56.38 | $19.55 | 188% |
Syntel | Troy | $72.35 | $26.37 | 174% |
Dow Chemical | Midland | $37.56 | $15.03 | 150% |
Herman Miller | Zeeland | $26.42 | $12.33 | 114% |
Con-way | Ann Arbor | $42.75 | $22.62 | 89% |
Masco | Taylor | $18.71 | $10.36 | 81% |
Stryker | Kalamazoo | $67.08 | $41.02 | 64% |
Kelly Services | Troy | $18.51 | $11.67 | 59% |
Compuware | Detroit | $10.90 | $6.91 | 58% |
PulteGroup | Bloomfield Hills | $15.59 | $11.15 | 40% |
Kellogg | Battle Creek | $61.63 | $44.63 | 38% |
Flagstar Bancorp | Troy | $15.00 | $90.00 | -83% |
Average Increase: all 21 Non-Auto Corps | 432% | |||
Average Increase: all 29 Michigan Corps | 482% | |||
Dow Industrials Index | 14,776.13 | 8,281.22 | 78% | |
S&P 500 Index | 1,630.48 | 850.12 | 92% | |
S&P Mid-Cap 400 Index | 1,192.91 | 516.75 | 131% | |
S&P SmallCap 600 Index | 574.93 | 247.89 | 132% |