Friday, August 30, 2013

Oregon Non-Financial Corps Stock Prices Up 270% Since President Obama Took Office

From a review of SEC filings, I found 27 Corps headquartered in the State of Oregon.....21 Non-Financial and 6 Financial..... which generated Core, Ongoing Pretax Income or Pretax Loss of at least $5 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 yesterday, August 29, 2013.  Included in these 27 Corps were five of them which were acquired in 2012 or 2013. 

These 27 Oregon Corps had their average stock prices increase by an impressive 209% from January 16, 2009 to August 29, 2013.  This 209% increase is 2.2 times the 93% increase in the S&P 500 Index over the same time span.

The 21 Non-Financial Corps did even better, generating an average stock price increase of 270% so far during the Obama Administration.

The stock price underperformance of Oregon Financial Corps is something that is prevalent all throughout the US, except for in New York City.

Oregon is blessed with two equally exceptional US Senators.....Jeff Merkley and Ron Wyden.....who both played instrumental roles in the outperformance of Oregon's Non-Financial companies.  And US House members Peter DeFazio, Earl Blumenauer, Suzanne Bonamici and Kent Schrader have also worked hard and very effectively to bolster Oregon businesses of all sizes. 

Below here are the common stock market closing prices of each of these 27 Oregon Corps at both the most recent date (August 29, 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

Oregon Price Price Increase

HQs 8-29-13 1-16-09 (Decrease)
Oregon Corps



Non-Financial Corps



Lithia Motors Medford $66.49 $3.40 1856%
Craft Brew Alliance Portland $11.48 $1.22 841%
Mentor Graphics Wilsonville $22.58 $5.17 337%
FEI Co Hillsboro $79.69 $19.84 302%
Precision Castparts Portland $213.57 $55.34 286%
Greenbrier Cos Lake Oswego $23.08 $6.01 284%
TriQuint Semiconductor Hillsboro $7.79 $2.10 271%
Lattice Semiconductor Hillsboro $4.89 $1.52 222%
Planar Systems Beaverton $1.90 $0.69 175%
Nike Beaverton $63.48 $23.40 171%
Cascade Corp Fairview $64.98 $24.36 167%
Cascade Microtech Beaverton $7.85 $3.00 162%
McCormick & Schmick's Seafood Portland $8.76 $3.65 140%
Digimarc Beaverton $19.60 $9.25 112%
Rentrak Portland $24.83 $12.22 103%
LaCrosse Footwear Portland $20.00 $10.40 92%
Electro Scientific Industries Portland $11.09 $6.57 69%
Columbia Sportswear Portland $56.36 $33.45 68%
Blount International Portland $11.73 $9.15 28%
FLIR Systems Wilsonville $31.77 $29.40 8%
Schnitzer Steel Portland $25.42 $35.98 -29%





Average Increase: all 21 Non-Financial Corps

270%





Financial Corps



Umpqua Holdings Portland $16.66 $9.38 78%
Stancorp Financial Portland $53.54 $32.70 64%
West Coast Bancorp Lake Oswego $24.28 $19.85 22%
Pacific Continental Eugene $13.00 $12.35 5%
Cascade Bancorp Bend $6.23 $46.50 -87%
PremierWest Bancorp Medford $1.99 $49.33 -96%





Average Decrease: all 6 Financial Corps


-2%




Average Increase: All 27 Oregon Corps


209%




Dow Industrials Index
14,840.95 8,281.22 79%
S&P 500 Index
1,638.17 850.12 93%
S&P Mid-Cap 400 Index
1,201.33 516.75 132%
S&P SmallCap 600 Index
581.52 247.89 135%