Friday, January 24, 2014

5 Largest US Trucks & Other Vehicles Corps Average Stock Prices Down 78% Due to Financial Meltdown Spillover Effects, Then Up 709% Under Obama and the US Fed

I found 5 US Trucks & Other Vehicles 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.

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 Trucks & Other Vehicle Companies had their average stock prices drop by a massive 78% 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 Truck & Other Vehicles Corps have increased by a very impressive 709% through January 23, 2014.  So, it wasn't just the US Auto sector which was rescued by the Obama Administration. 
       
Clearly, the investors in and employees of these 5 US & Other Vehicles 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 5 US Trucks & Other Vehicles 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
Trucking & Other Vehicles

1-23-14 3-6-09 12-31-07 1-23-14 3-6-09








Wabash National Lafayette IN      14.00        0.95        7.69 1374% -88%
Oshkosh Corp Oshkosh WI      53.77        4.95      47.26 986% -90%
Supreme Industries Goshen IN        6.90        0.73        5.06 841% -86%
PACCAR Bellevue WA      58.25      21.07      54.48 176% -61%
Spartan Motors Charlotte MI        6.56        2.44        7.64 169% -68%








Average % Change all 5




709% -78%