Friday, January 24, 2014

16 Largest US Apparel Clothing Corps Average Stock Prices Down 62% Due to Financial Meltdown Spillover Effects, Then Up 738% Under Obama and the US Fed

I found 16 US Apparel Clothing Companies classified in the Consumer Goods Sector at Yahoo's fine 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 23, 2014.

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

These 16 US Apparel Clothing Companies had their average stock prices drop by a huge 62% 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 16 US Apparel Clothing Corps have increased by a very impressive 738% through January 23, 2014.  And 15 of the 16 had increases above 190% each.  Also, 4 of them were "Ten Baggers Plus".
      
Clearly, the investors in and employees of these 16 US Apparel Clothing 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 16 US Apparel Clothing Companies on January 23, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 23, 2014:







Market Market






Price Price






% %






Change Change



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



Price Price Price to to
Textile-Apparel Clothing Co

1-23-14 3-6-09 12-31-07 1-23-14 3-6-09








Oxford Industries Atlanta GA      77.66        3.50      25.77 2119% -86%
G-III Apparel Group New York NY      71.53        3.48      14.77 1955% -76%
Fifth & Pacific New York NY      28.74        1.78      20.35 1515% -91%
Under Armour Baltimore MD      83.90        6.17      21.84 1261% -72%
Hanesbrands Wimston-Salem NC      67.06        6.14      27.17 992% -77%
PVH Corp New York NY     121.39      14.56      36.86 734% -60%
Quiksilver Huntington Beach CA        7.51        0.99        8.58 659% -88%
UniFirst Wilmington MA     111.47      21.41      38.00 421% -44%
VF Corp Greensboro NC      58.15      11.91      17.17 388% -31%
Ralph Lauren New York NY     158.65      32.54      61.79 388% -47%
Delta Apparel Greenville SC      17.77        3.89        7.12 357% -45%
Carter's Atlanta GA      69.70      16.30      19.35 328% -16%
Perry Ellis Intl Miami FL      16.55        3.94      15.38 320% -74%
Superior Uniform Group Seminole FL      16.27        5.38        9.95 202% -46%
Columbia Sportswear Portland OR      75.12      25.73      44.09 192% -42%
American Apparel Los Angeles CA        1.14        1.59      15.00 -28% -89%








Average % Change all 16




738% -62%