Monday, January 27, 2014

12 Largest US Rental & Leasing Service Corps Average Stock Prices Down 63% Due to Financial Meltdown Spillover Effects, Then Up 658% Under Obama and the US Fed

I found 12 US Rental & Leasing Service 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 24, 2014.
 
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 12 US Rental & Leasing Service Companies had their average stock prices drop by a massive 63% 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 12 US Rental & Leasing Service Corps have increased by a very impressive 658% through January 24, 2014, led by United Rentals and Hertz.  And all 12 had stock price appreciation with the lowest increase being a very healthy 112%.     
           
Clearly, the investors in and employees of all 12 of these US Rental & Leasing Service 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 12 US Rental & Leasing Service Companies on January 24, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 24, 2014:





Market Market






Price Price






% %






Change Change



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



 Price   Price   Price  to to
Rental & Leasing Service Corps HQs
 1-24-14   3-6-09   12-31-07  1-24-14 3-6-09








United Rentals Greenwich CT      79.50        3.16      18.36 2416% -83%
Hertz Global Holdings Park Ridge NJ      26.75        2.24      15.89 1094% -86%
AMERCO Reno NV     225.25      23.48      65.68 859% -64%
CAI Intl San Francisco CA      21.50        2.63      10.52 717% -75%
TAL Intl Group Purchase NY      44.28        5.59      22.77 692% -75%
Aircastle Stamford CT      18.71        2.80      26.33 568% -89%
SBA Communications Boca Raton FL      89.95      19.99      33.84 350% -41%
General Finance Corp Pasadena CA        6.25        1.46        9.08 328% -84%
GATX Chicago IL      58.61      14.70      36.68 299% -60%
Ryder System Miami FL      71.88      19.41      47.01 270% -59%
McGrath Rentcorp Livermore CA      37.85      13.21      25.75 187% -49%
Aaron's Atlanta GA      27.15      12.78      11.51 112% 11%








Average % Change all 12




658% -63%