Tuesday, January 21, 2014

14 Largest US Industrial Equipment & Components Corps Average Stock Prices Down 62% Due to Financial Meltdown Spillover Effects, Then Up 666% Under Obama and the US Fed

I found 14 US Industrial Equipment & Components Corps 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 21, 2014.

In deriving these US Industrial Equipment & Components Corps, I first started with the very helpful Yahoo Finance Website Industrial Equipment and Components Industry .

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 14 largest US Industrial Equipment and Components Companies had their average stock prices drop by a massive 62% from December 31, 2007 during President Bush's second Presidential term, and very early in President Obama's first term on March 6, 2009, which was the very lowest point due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But since March 6, 2009, the average stock prices of these same 14 largest US Industrial Equipment and Components Corps have increased by a spectacular 666% through January 21, 2014.  And 13 of these 14 had increases above 250% each.

Clearly, the investors in and employees of these 14 US largest US Industrial Equipment and Components Companies must be extremely 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 14 largest US Industrial Equipment and Components Companies on January 21, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 21, 2014:






Market Market






Price Price






% %






Change Change



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



Price Price Price to to
Industrial Equipment & Components Company HQs
1-21-14 3-6-09 12-31-07 1-21-14 3-6-09







TriMas Corp Bloomfield Hills  MI       38.95       1.04      10.59 3645% -90%
Material Sciences Corp Elk Grove Village  IL       12.67       1.00       7.43 1167% -87%
Standex Intl Salem  NH       61.58       8.55      17.45 620% -51%
H&E Equipment Services Baton Rouge  LA       32.52       4.95      18.88 557% -74%
Sun Hydraulics Sarasota   FL       39.66       7.18      16.82 452% -57%
EnPro Industries Charlotte  NC       76.96      14.63      30.65 426% -52%
Barnes Group Bristol  CT       40.71       8.01      33.39 408% -76%
Chase Corp Bridgewater  MA       36.50       7.76      25.23 370% -69%
Mueller Water Products Atlanta  GA        9.04       1.98       9.52 357% -79%
Parker-Hannifin Cleveland  OH     126.82      28.63      75.31 343% -62%
Pentair Ltd Minneapolis  MN       77.75      17.95      34.81 333% -48%
CIRCOR Intl Burlington  MA       77.62      18.23      46.36 326% -61%
Watts Water Technologies North Hanover  MA       59.77      16.67      29.80 259% -44%
OmegaFlex Exton  PA       20.43      12.56      16.38 63% -23%








Average % Change all 14




666% -62%