Tuesday, January 28, 2014

4 Largest US Drug Store Companies Average Stock Prices Down 41% Due to Financial Meltdown Spillover Effects, Then Up 692% Under Obama and the US Fed

I found 4 US Drug Store Companies classified in the Services 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: 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 27, 2014.
   
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 4 US Drug Store Companies had their average stock prices drop by a huge 41% 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 4 US Drug Store Companies have increased by a very robust 692% through January 27, 2014, driven by Rite Aid's massive stock price appreciation.        
           
Clearly, the investors in and employees of these 4 US Drug Store 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 4 US Drug Store Companies on January 27, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 27, 2014:







Market Market






Price Price






% %






Change Change



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



 Price   Price   Price  to to
Drug Store Companies      1-27-14   3-6-09   12-31-07  1-27-14 3-6-09








Rite Aid

       5.43        0.22        2.79 2368% -92%
CVS Caremark

     67.53      24.46      39.75 176% -38%
Walgreen Co

     57.40      22.09      38.08 160% -42%
PharMerica Corp

     24.52      14.83      13.88 65% 7%








Average % Change all 4




692% -41%