Wednesday, January 22, 2014

17 Largest US General Building Materials Corps Average Stock Prices Down 52% Due to Financial Meltdown Spillover Effects, Then Up 390% Under Obama and the US Fed

I found 17 US General Building Materials 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 General Building Materials Corps, I first started with the very helpful Yahoo Finance Website General Building Materials Industry 

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

These 17 largest US General Building Materials Companies had their average stock prices drop by a huge 52% 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 17 largest US General Building Materials Corps have increased by a very robust 390% through January 21, 2014.
 
Clearly, the investors in and employees of these 17 US largest General Building Materials Companies must be 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 17 largest US General Building Materials 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
General Building Materials Co HQs
1-21-14 3-6-09 12-31-07 1-21-14 3-6-09







PGT Inc North Venice FL      10.79       1.05       4.76 929% -78%
Trex Co Winchester VA      69.80       6.95       8.51 904% -18%
Headwaters South Jordan UT      10.76       1.39      11.74 674% -88%
Owens Corning Toledo OH      40.23       5.33      20.22 655% -74%
USG Corp Chicago IL      31.53       4.29      35.79 635% -88%
Armstrong World Industries Lancaster PA      59.87      10.22      40.11 486% -75%
Masco Taylor MI      22.02       3.90      21.61 465% -82%
AAON Inc Tulsa OK      33.43       6.79       8.81 393% -23%
Apogee Enterprises Minneapolis MN      37.07       8.89      17.11 317% -48%
Beacon Roofing Supply Herndon VA      40.47      10.84       8.42 273% 29%
Fastenal Winona MN      47.46      13.19      20.21 260% -35%
US Lime & Minerals Dallas TX      57.11      18.42      30.35 210% -39%
Universal Forest Products Grand Rapids MI      52.30      19.82      29.46 164% -33%
Griffon New York NY      14.06       6.15      12.45 129% -51%
Vulcan Materials Birmingham AL      59.98      35.82      79.09 67% -55%
Martin Marietta Materials Raleigh NC    109.47      69.96    132.60 56% -47%
NCI Building Systems Houston TX      19.93      17.21    143.95 16% -88%








Average % Change all 17




390% -52%