Thursday, January 23, 2014

10 Largest US Recreational & Sporting Goods Corps Average Stock Prices Down 72% Due to Financial Meltdown Spillover Effects, Then Up 1,018% Under Obama and the US Fed

I found 10 US Recreational & Sporting Goods Companies classified in the Consumer Goods Sector at Yahoo's fine 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 22, 2014.

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

These 10 US Recreational & Sporting Goods Companies had their average stock prices drop by a massive 72% 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 10 US Recreational & Sporting Goods Corps have increased by a truly spectacular 1,018% through January 22, 2014.  And 4 of the 10 were up by more 10 times, led by Evanville,IN-based Escalade.  Also, 3 of these 4 "Ten Baggers +" have current Market Caps below $300 mil each.

The stock market is saying that this must be the "Sports" President.
    
Clearly, the investors in and employees of these 10 US Recreational & Sporting Goods Companies must be extremely 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 10 US Recreational & Sporting Goods Companies on January 22, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 22, 2014:






Market Market






Price Price






% %






Change Change



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



Price Price Price to to
Recreational & Sporting Goods Co HQs
1-22-14 3-6-09 12-31-07 1-22-14 3-6-09








Escalade Evansville IN      11.80        0.41        9.13 2778% -96%
Brunswick Lake Forest IL      43.08        2.18      17.05 1876% -87%
Nautilis Inc Vancouver WA        8.77        0.50        4.85 1654% -90%
Costa Lincoln RI      21.51        1.75        9.98 1129% -82%
Fossil Group Richardson TX     115.42      11.75      41.98 882% -72%
Movado Group Paramus NJ      40.75        5.04      25.29 709% -80%
Johnson Outdoors Racine WI      28.08        5.10      22.50 451% -77%
Pool Corp Covington LA      57.04      11.59      19.83 392% -42%
Black Diamond Salt Lake City UT      14.18        4.00        5.90 255% -32%
Callaway Golf Carlsbad CA        9.00        5.89      17.43 53% -66%








Average % Change all 10




1018% -72%