Monday, January 20, 2014

25 Largest US Medical Appliances & Equipment Corps Average Stock Prices Down 44% Due to Financial Meltdown Spillover Effects, Then Up 276% Under Obama and the US Fed

I found 25 US Medical Appliances & Equipment 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 Appliances & Equipment Corps, I first started with the very helpful Yahoo Finance Website Medical Appliances & Equipment Industry.

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

These 25 largest US Medical Appliances & Equipment Companies had their average stock prices drop by a massive 44% 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 Appliances & Equipment 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 25 largest US Medical Appliances & Equipment Corps have increased by an impressive 276% through January 17, 2014.

Clearly, the investors in and employees of these 25 US largest US Medical Appliances & Equipment 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 25 largest US Medical Appliances & Equipment 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 Appliances&Equipment Co HQs
1-17-14 3-6-09 12-31-07 1-17-14 3-6-09







Opko Health Miami FL        8.72        0.80        2.85 990% -72%
Align Technology San Jose CS       63.95        6.41       16.68 898% -62%
Spectranetics Colorado Springs CO       24.91        2.70       15.33 823% -82%
Sirona Dental Systems Long Island City NY       70.48       11.59       33.48 508% -65%
ABIOMED Danvers MA       27.76        4.99       15.54 456% -68%
Cyberonics Houston TX       68.77       14.77       13.16 366% 12%
Intuitive Surgical Sunnyvale CA     430.14       95.89     323.00 349% -70%
CONMED Utica NY       43.52       11.69       23.11 272% -49%
Mine Safety Appliances Cranberry Township PA       53.59       16.55       51.87 224% -68%
Varian Medical Systems Palo Alto CA       82.40       27.73       52.16 197% -47%
Zimmer Holdings Warsaw IN       95.93       32.66       66.15 194% -51%
Wright Medical Group Arlington TN       31.85       12.15       29.17 162% -58%
ResMed San Diego CA       45.63       17.77       26.27 157% -32%
Edwards Lifesciences Irvine CA       68.54       27.45       23.00 150% 19%
Stryker Kalamazoo MI       78.20       32.01       74.72 144% -57%
Steris Mentor OH       49.40       20.61       28.84 140% -29%
Medtronic Minneapolis MN       59.51       24.92       50.27 139% -50%
Greatbatch Frisco TX       44.50       18.66       19.99 138% -7%
Hologic Bedford MA       22.58        9.70       34.32 133% -72%
Boston Scientific Natick MA       13.51        6.33       11.63 113% -46%
Allscripts Healthcare Solution Chicago IL       16.69        7.93       19.42 110% -59%
St Jude Saint Paul MN       65.90       32.37       40.64 104% -20%
Volcano San Diego CA       21.00       13.16       12.51 60% 5%
NuVasive San Diego CA       36.71       26.57       39.52 38% -33%
Masimo Irvine CA       31.15       24.08       39.45 29% -39%





Average % Change all 25




276% -44%