Friday, January 31, 2014

26 Largest US Credit Services Companies Average Stock Prices Down 62% Due to Financial Meltdown Spillover Effects, Then Up 605% Under Obama and the US Fed

I found 26 US Credit Services Companies classified in the Financial Sector at Yahoo's superb 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: (1) on December 31, 2007, or first trading very shortly thereafter, during President Bush's second term (2) 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 (3) on January 30, 2014.
   
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 26 US Credit Services Companies had their average stock prices drop by a massive 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 26 US Credit Services Companies have increased by a very impressive 605% through January 30, 2014.  There were 5 "Ten Baggers Plus" and the lowest increase of the 26 was a healthy 50%.
 
Clearly, the investors in and employees of these 26 US Credit Services 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 26 US Credit Services Companies on January 30, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 30, 2014:






Market Market






Price Price






% %






Change Change



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



 Price   Price   Price  to to
Credit Services Companies HQs
 1-30-14   3-6-09   12-31-07  1-30-14 3-6-09








Consumer Portfolio Services Irvine CA        8.44        0.35        3.35 2311% -90%
NewStar Financial Boston MA      15.74        1.03        8.28 1428% -88%
CapitalSource Los Angeles CA      13.92        1.01      17.59 1278% -94%
Federal Agricultural Mortgage Washington DC      31.19        2.48      26.32 1158% -91%
Discover Financial Services Riverwoods IL      54.78        4.95      15.08 1007% -67%
World Acceptance Greenville SC      97.21      11.26      26.98 763% -58%
Capital One Financial McLean VA      70.96        8.31      47.26 754% -82%
American Express New York NY      86.62      10.26      52.02 744% -80%
Nicholas Financial Clearwater FL      15.73        1.86        6.57 744% -72%
Nelnet Lincoln NE      37.58        4.75      12.71 691% -63%
Credit Acceptance Corp Southfield MI     132.15      18.19      20.67 626% -12%
SLM (Sallie Mae) Newark DE      23.10        3.28      20.14 604% -84%
MasterCard Purchase NY      79.76      14.24      21.52 460% -34%
Primus Guaranty Ltd New York NY        8.10        1.54        7.01 426% -78%
Triangle Capital Raleigh NC      27.22        5.60      12.40 386% -55%
MicroFinancial Burlington MA        8.00        1.67        6.25 379% -73%
Visa Foster City CA     220.88      50.19      56.50 340% -11%
First Cash Financial Services Arlington TX      49.39      11.72      14.68 321% -20%
Equifax Atlanta GA      70.74      20.21      36.36 250% -44%
Cash America Intl Fort Worth TX      36.94      12.04      32.30 207% -63%
Medallion Financial New York NY      13.55        4.57      10.02 196% -54%
Global Cash Access Holdings Las Vegas NV        8.65        2.93        6.06 195% -52%
Total System Services Columbus GA      30.68      11.82      28.00 160% -58%
PHH Corp Mount Laurel NJ      24.45      10.19      17.64 140% -42%
Moneygram Intl Dallas TX      18.60        9.20     122.96 102% -93%
Western Union Englewood CO      15.67      10.43      24.28 50% -57%








Average % Change all 26




605% -62%