Monday, January 20, 2014

16 Largest US Medical Instruments & Supplies Corps Average Stock Prices Down 37% Due to Financial Meltdown Spillover Effects, Then Up 368% Under Obama and the US Fed

I found 16 US Medical Instruments & Supplies Corps with current Total Market Capitalizations of at least $1 bil 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 17, 2014.

In deriving these US Medical Instruments & Supplies Corps, I first started with the very helpful Yahoo Finance Website Medical Instruments & Supplies Industry.

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

These 16 largest US Medical Instruments & Supplies Companies had their average stock prices drop by a huge 37% from December 31, 2007 during President Bush's second Presidential term, and very early in President Obama's first term, or on March 6, 2009, which was these US Medical Instruments & Supplies Companies' 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 16 largest US Medical Instruments & Supplies Corps have increased by a very impressive 368% through January 17, 2014.

Clearly, the investors in and employees of these 16 US largest US Medical Instruments & Supplies 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.  Also, this industry is a major beneficiary of the Affordable Care Act.

Below here are the market prices of each of these 16 largest US Medical Instruments & Supplies Companies on January 17, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 17, 2014:






Market Market






Price Price






% %






Change Change



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



Price Price Price to to
Medical Instruments&Supplies Co HQs
1-17-14 3-6-09 12-31-07 1-17-14 3-6-09







Endologix Irvine CA       16.68        1.38        2.80 1109% -51%
Insulet Bedford MA       40.21        3.36       23.48 1097% -86%
DecCom San Diego CA       37.36        3.31        8.83 1029% -63%
The Cooper Companies Pleasanton CA     129.70       18.33       38.00 608% -52%
Cantel Medical Little Falls NJ       35.09        5.40        6.48 550% -17%
Hill-Rom Holdings Batesville IN       43.54        9.34       29.96 366% -69%
West Pharmaceutical Services Exton PA       50.23       14.44       20.30 248% -29%
Covidien plc Mansfield MA       68.20       25.48       40.29 168% -37%
Integra LifeSciences Plainsboro NJ       49.07       20.29       41.93 142% -52%
Teleflex Limerick PA       96.45       43.85       63.01 120% -30%
DENTSPLY York PA       47.90       22.45       45.02 113% -50%
CR Bard Murray Hill NJ     135.21       72.38       94.80 87% -24%
Thoratec Pleasanton CA       37.32       20.97       18.19 78% 15%
Becton Dickinson Franklin Lakes NJ     111.31       64.15       83.58 74% -23%
Haemonetics Braintree MA       42.34       26.69       31.51 59% -15%
Baxter Intl Deerfield IL       69.93       51.92       58.05 35% -11%








Average % Change all 16




368% -37%