Wednesday, January 22, 2014

6 Largest US Lumber & Wood Products Corps Average Stock Prices Down 62% Due to Financial Meltdown Spillover Effects, Then Up 1,825% Under Obama and the US Fed

I found 6 US Lumber & Wood Products Corps 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.

In deriving these US Lumber & Wood Products Corps, I first started with the very helpful Yahoo Finance Website Lumber & Wood Products Industry .

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

These 6 largest US Lumber & Wood Products Companies had their average stock prices drop by a huge 62% from December 31, 2007 during President Bush's second Presidential term, and very early in President Obama's first term on March 6, 2009, which was the very lowest point due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But since March 6, 2009, the average stock prices of these same 6 largest US Lumber & Wood Products Corps have increased by a clearly off-the-charts 1,825% through January 22, 2014.

The driver of this spectacular stock price appreciation was Elkhart,IN-based Patrick Industries, whose wood products are supplied to the Recreational Vehicle industry.
   
Clearly, the investors in and employees of these 6 US largest Lumber & Wood Products 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 6 largest US Lumber & Wood Products 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
Lumber & Wood Production Co HQs
1-22-14 3-6-09 12-31-07 1-22-14 3-6-09







Patrick Industries Elkhart IN      34.27       0.34       9.96 9919% -97%
Weyerhauser Federal Way WA      31.11       6.99      26.62 345% -74%
Pope Resources Poulsbo WA      66.54      16.45      42.75 304% -62%
Rayonier Jacksonville FL      42.18      15.59      31.49 171% -51%
Deltic Timber El Dorado AR      65.43      28.78      51.49 127% -44%
Plum Creek Timber Seattle WA      44.05      24.02      46.04 83% -48%








Average % Change all 6




1825% -62%