Tuesday, January 28, 2014

10 Largest US Railroad Companies Average Stock Prices Down 58% Due to Financial Meltdown Spillover Effects, Then Up 535% Under Obama and the US Fed

I found 10 US Railroad Companies classified in the Services Sector at Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil each and which also had their common stocks trading on each of the following three dates: on December 31, 2007 during President Bush's second term, on March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and also on January 27, 2014.
   
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 10 US Railroad Companies had their average stock prices drop by a huge 58% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But since March 6, 2009, the average stock prices of these same 10 US Railroad Companies have increased by a very impressive 535% through January 27, 2014, led by The Greenbrier Companies's huge stock price appreciation.  All 10 had stock price appreciation and for 9 of them, it was above 200%.        
           
Clearly, the investors in and employees of these 10 US Railroad Companies must be very pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.

Below here are the market prices of each of these 10 US Railroad Companies on January 27, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 27, 2014: 





Market Market






Price Price






% %






Change Change



 Market   Market   Market  3-6-09 12-31-07



 Price   Price   Price  to to
Railroad Companies
 1-27-14   3-6-09   12-31-07  1-27-14 3-6-09








The Greenbrier Companies

     35.83        1.93      22.26 1756% -91%
Trinity Industries

     57.41        6.72      27.76 754% -76%
American Railcar Industries

     47.16        6.83      19.25 590% -65%
Wabtec

     72.00      12.03      17.22 499% -30%
Genesee & Wyoming

     88.76      17.61      24.17 404% -27%
Pacer Intl

       8.86        1.76      14.60 403% -88%
Union Pacific

    171.21      34.98      62.81 389% -44%
CSX Corp

     26.14        7.20      14.66 263% -51%
Norfolk Southern

     90.32      27.41      50.44 230% -46%
FreightCar America

     23.66      14.52      35.00 63% -59%








Average % Change all 10




535% -58%