Friday, January 24, 2014

5 Largest US Housewares & Accessories Corps Average Stock Prices Down 75% Due to Financial Meltdown Spillover Effects, Then Up 1,119% Under Obama and the US Fed

I found 5 US Housewares & Accessories 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 23, 2014.  I moved Clorox to the Cleaning Products category since it seemed to fit much better there.

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

These 5 US Housewares & Accessories Companies had their average stock prices drop by a massive 75% 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 5 US Housewares & Accessories Corps have increased by a clearly off-the-charts 1,119% through January 23, 2014.  And all 5 of them had increases above 500%.
      
Clearly, the investors in and employees of these 5 US Housewares & Accessories 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 5 US Housewares & Accessories Companies on January 23, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 23, 2014:






Market Market






Price Price






% %






Change Change



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



Price Price Price to to
Housewares & Accessories Co HQs
1-23-14 3-6-09 12-31-07 1-23-14 3-6-09







Libbey Inc Toledo OH        20.80        0.96      15.84 2067% -94%
Lifetime Brands Garden City NY        16.51        1.00      12.98 1551% -92%
Jarden Corp Rye NY        62.16        6.41      15.74 869% -59%
Newell Rubbermaid Atlanta GA        31.57        4.71      25.88 570% -82%
Helen of Troy El Paso  TX        57.27        8.99      17.14 537% -48%








Average % Change all 5




1119% -75%