Saturday, January 11, 2014

US Motor Vehicle and Parts Corp Stock Prices Up an Average 839% Under Obama

From a review of SEC Filings , I found 40 US Motor Vehicle and Parts Companies which generated Core, Ongoing Pretax Income or Pretax Loss of at least $10 mil each in any of the first three years of the Obama Administration (2009, 2010 or 2011), and which also had their common stock trading on both January 16, 2009, which is the last day stocks traded before President Obama took office, and also on January 10, 2014.  

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.  Remy International's 2009 stock price was based on its Pink Sheets.....whoa, now that's what I call an improvement.

These 40 US Motor Vehicle and Parts Companies had their average stock prices increase by an off-the-charts 839% from January 16, 2009 to January 14, 2014.  This 839% increase was more than 7 times the 117% increase in the S&P 500 Index over the same time span.

This exceptional stock price increase was very widespread, with only 1 of the 40 US Motor Vehicle and Parts Companies having a Stock Price decline so far during the Obama Administration.  And 8 of them had stock price increases above 1000%.....with all 8 being HQd in the Midwest.

US citizens working in these Motor Vehicle and Parts Companies all throughout the country have to be very happy with the stock market performance of these many fine companies during the Obama Administration.

This exceptional stock price increase in the US Motor Vehicle and Parts Sector is driving a very nice increase in well-paying US jobs in the key US Motor Vehicle and Parts Sector.

The job-multiplier effect with US Motor Vehicle and Parts jobs is flat out superb.  Thus the continued growth in US Motor Vehicle and Parts jobs will help narrow somewhat the huge gap between the very wealthy and everyone else.

Common stockholders of these US Motor Vehicle and Parts Companies should also be very pleased with the Obama Administration.....after all an average stock price increase of 839% in less than 5 years is just incredible.

Let me make a prediction.  If with the November 2014 election, the US Senate remains in Democratic Control and also the US House switches to Democratic Control, this 839% average stock price increase for these 40 US Motor Vehicle and Parts Companies will increase to above 1000% over President Obama's entire eight-year Presidential run.  I am pretty certain of it.

After taking office, the Obama Administration focused like a laser on rescuing the severely depressed key US Auto Sector.  A very significant part of this highly successful effort was done by Very Aggressively Taking Presidential Executive Actions, instead of by US Congressional Actions.  Thus, given the inability of the current US Congress to deal with the country's devastating unemployment, underemployment and income inequality problems, I think the Obama Administration should now consider an approach to tackling these problems by Taking Very Aggressive Presidential Executive Actions similar to what it did in very successfully rescuing the US Auto industry.

Below here are the common stock market closing prices of each of these 40 US Motor Vehicle and Parts Companies at both the most recent date January 10, 2014, and also at the date just before President Obama took office, as well as the percentage stock market price changes for this period of time.
 

Market Market Percentage

State Price Price Increase

HQs 1-10-14 1-16-09 (Decrease)





Motor Vehicles and Parts Companies



Remy Intl IN             21.30              0.25 8420%
Patrick Industries IN             29.23              0.70 4076%
Dana Holding OH             19.67              0.69 2751%
Tenneco IL             55.87              2.25 2383%
TRW Automotive MI             73.77              3.86 1811%
American Axle MI             19.98              1.41 1317%
Polaris Industries MN           143.66             11.90 1107%
Arctic Cat MN             58.01              5.00 1060%
Dorman Products PA             52.96              5.29 901%
Standard Motor Products NY             35.38              3.97 791%
Gentherm MI             25.41              3.45 637%
Ford Motor MI             16.07              2.19 634%
Commercial Vehicle Group OH              7.52              1.20 527%
Borg Warner MI             56.75              9.45 501%
Nacco Industries OH             62.16             10.52 491%
Drew Industries NY             51.81              8.84 486%
Wabco Holdings NJ             93.07             16.43 466%
Harley Davidson WI             69.62             13.70 408%
Federal Mogul MI             20.57              4.30 378%
Cooper Tire & Rubber OH             25.85              5.45 374%
Oshkosh WI             52.76             11.39 363%
Thor Industries IN             55.15             12.01 359%
Meritor MI             10.66              2.50 326%
Winnebago Industries IA             26.39              6.31 318%
Lydall CT             18.39              4.66 295%
Motorcar Parts of America CA             20.04              5.10 293%
Goodyear Tire & Rubber OH             25.99              6.71 287%
Gentex MI             33.33              8.79 279%
Wabash National IN             12.92              3.63 256%
Stoneridge OH             12.00              3.42 251%
Modine Manufacturing WI             12.85              3.90 229%
Strattec Security WI             43.82             15.05 191%
Terex CT             41.36             14.97 176%
Paccar WA             59.19             27.88 112%
Clarcor TN             64.61             32.16 101%
Superior Industries CA             20.34             10.90 87%
Federal Signal IL             13.98              7.81 79%
Spartan Motors MI              6.67              4.73 41%
Navistar IL             38.25             28.47 34%
Fuel Systems Solutions CA             13.15             30.06 -56%





Average % Increase all 40
        839%