Saturday, January 4, 2014

US Technology Corps Stock Prices Up 235% Under Obama

From a review of SEC Filings , I found 157 US Technology which generated Core, Ongoing Pretax Income or Pretax Loss of at least $100 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, or first traded in 2009 or in very early 2010, and also trading on yesterday January 3, 2014 or the company was acquired in 2013.

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

These 157 US Technology Corps had their average stock prices increase by an exceptionally strong 235% from January 16, 2009 to January 3, 2014.  This 235% increase was more than double the 115% increase in the S&P 500 Index over the same time span.

Financially-savvy employees and stockholders of these US Technology Companies have to be extremely happy with the Obama Administration.....an average stock price increase of 235% in just less than 5 years is incredible.

This exceptional stock price increase in the Technology Sector is driving a very nice increase in well-paying US jobs in the key US technology sector.

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

One thing the key US Technology Sector desperately needs is for timely, simple, permanent US job-creating Research and Experimental Tax Credits.

The current US Congress process of annually giving R&E tax credits retroactively has to be one of the dumbest things ever done by the US Congress.  You should give tax incentives to change future economic behavior, not to reward something much after it has already happened.

R&E spending is predominantly for people costs.  The optimal incentive for hiring by US Technology Companies is for them to see tax legislation that already exists when they are contemplating whether to hire someone or not.

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 235% average stock price increase for these 157 US Technology Companies will increase to above 400% over President Obama's entire eight-year Presidential run.  I am pretty certain of it.

Below here are the common stock market closing prices of each of these 157 US Technology Companies at both the most recent date (Jan 3, 2014) and also at the date just before President Obama took office in his first term (Jan 16, 2009), as well as the percentage stock market price changes for this period of time:



Market Market Percentage

State Price Price Increase

HQs 1-3-14 1-16-09 (Decrease)
Technology Companies







Priceline CT        1,132.68             71.13 1492%
Seagate Technology CA             56.82              4.39 1194%
Netflix CA           363.10             31.26 1062%
LTX-Credence MA              8.46              0.84 907%
Expedia WA             69.20              8.59 706%
Kulicke & Soffa PA             13.13              1.67 686%
Salesforce.com CA             55.12              7.03 684%
Acme Packet MA             29.24              3.80 669%
Amazon.com WA           396.44             51.59 668%
IPG Photonics MA             75.11              9.94 656%
Sanmina CA             16.58              2.28 627%
Rackspace Hosting TX             37.55              5.28 611%
Apple CA           540.98             82.33 557%
iGATE CA             40.11              6.41 526%
Western Digital CA             83.28             13.31 526%
Micron Technology ID             20.97              3.40 517%
Skyworks Solutions MA             27.72              4.59 504%
Sandisk CA             68.86             12.03 472%
Cerner MO             54.70             10.03 445%
Finisar CA             23.72              4.36 444%
Vishay Intertechnology PA             13.26              2.51 429%
Power One CA              6.34              1.22 420%
Loral Space & Communications NY             79.61             15.80 404%
Cognizant Technology Solutions NJ             98.32             20.36 383%
Synnex CA             63.82             13.60 369%
Gartner NJ             69.74             14.88 369%
VeriFone Systems CA             25.79              5.55 365%
Trimble Navigation CA             34.57              7.61 354%
IAC/Interactive NY             68.42             15.14 352%
FEI Co OR             88.99             19.84 349%
TIBCO Software CA             23.26              5.24 344%
Aspen Technology MA             41.59              9.50 338%
Sapient MA             17.16              4.00 329%
RF Micro Devices NC              4.85              1.15 322%
Plantronics CA             45.66             10.88 320%
VMware CA             89.42             22.00 306%
Ebay CA             53.26             13.26 302%
TriQuint Semiconductor OR              8.32              2.10 296%
FMC Technologies TX             51.90             13.12 296%
ValueClick CA             22.82              5.78 295%
MICROS Systems MD             56.64             14.49 291%
F5 Networks WA             88.03             22.55 290%
Red Hat NC             55.78             14.82 276%
Riverbed Technology CA             17.92              4.86 269%
Google CA        1,105.00           299.67 269%
PTC MA             34.76              9.64 261%
Motorola Solutions IL             66.20             18.59 256%
Cadence Design Systems CA             14.17              3.99 255%
Akamai Tech MA             46.45             13.08 255%
Unisys PA             32.98              9.40 251%
Syntel MI             91.93             26.37 249%
Cree NC             62.46             17.93 248%
ANSYS PA             85.60             24.64 247%
Yahoo CA             40.12             11.59 246%
JDS Uniphase CA             13.03              3.79 244%
Teradyne MA             17.56              5.11 244%
LSI CA             11.03              3.30 234%
Roper Industries FL           138.23             42.08 228%
Insight Enterprises AZ             22.11              6.74 228%
Equinix CA           173.42             53.71 223%
VeriSign VA             59.84             18.61 222%
Intuit CA             75.80             24.01 216%
Jack Henry MO             58.98             18.97 211%
Informatica CA             40.82             13.13 211%
Check Point Software CA             64.29             20.96 207%
Solera Holdings TX             70.34             22.98 206%
Autodesk CA             48.90             16.14 203%
SS and C Technologies CT             45.09             15.08 199%
Teradata OH             45.36             15.23 198%
KLA Tencor CA             63.47             21.33 198%
OmniVision Technologies CA             16.73              5.68 195%
Agilent Technologies CA             56.92             19.51 192%
Jabil Circuit FL             17.19              5.92 190%
Convergys OH             21.02              7.24 190%
Zebra Technologies IL             53.58             18.52 189%
Texas Instruments TX             43.29             15.02 188%
NETGEAR CA             32.52             11.41 185%
Thermo Fisher Scientific MA           110.05             38.90 183%
Adobe Systems CA             59.16             21.06 181%
j2 Global CA             49.67             17.76 180%
NetApp CA             40.33             14.92 170%
Fairchild Semiconductor CA             13.42              4.97 170%
Xilinx CA             45.62             16.93 169%
Citrix Systems FL             62.48             23.23 169%
Brocade Communications Systems CA              8.86              3.32 167%
Flextronics CA              7.71              2.91 165%
Tech Data CA             50.91             19.41 162%
Garmin Ltd KS             46.58             17.88 161%
IHS CO           116.56             45.38 157%
Microchip Technology AZ             44.54             17.71 151%
Analog Devices MA             49.61             19.83 150%
Synaptics CA             50.51             20.62 145%
Lam Research CA             53.94             22.17 143%
Teledyne Technologies CA             90.07             37.38 141%
Verisk Analytics NJ             65.13             27.22 139%
Maxim Integrated Products CA             28.73             12.26 134%
Take-Two Interactive Software NY             17.63              7.60 132%
Fortinet CA             19.27              8.31 132%
Atmel CA              7.93              3.47 129%
Amkor Technology AZ              6.12              2.70 127%
Ancestry.com UT             32.05             14.20 126%
Semtech CA             24.84             11.05 125%
Marvell Technology CA             14.16              6.31 124%
Oracle CA             37.62             16.91 122%
EMC MA             25.00             11.27 122%
Progress Software MA             25.79             11.70 120%
Hittite Microwave MA             61.84             28.07 120%
IBM NY           186.64             84.92 120%
Scansource SC             40.64             18.77 117%
United Online CA             13.40              6.19 116%
Cypress Semiconductor CA             10.42              4.83 116%
Synopsys CA             40.62             18.89 115%
Amdocs MO             41.17             19.22 114%
National Instruments TX             30.71             14.63 110%
GT Advanced Technologies NH              9.32              4.46 109%
Microsemi CA             24.99             12.02 108%
Geoeye VA             35.83             17.51 105%
Qualcomm CA             72.89             36.02 102%
Altera CA             32.17             16.07 100%
Nvidia CA             15.67              7.99 96%
Activision Blizzard CA             18.29              9.57 91%
Linear Technology CA             44.98             23.94 88%
Intel CA             25.78             13.74 88%
Microsoft WA             36.91             19.71 87%
Cubic CA             52.24             27.91 87%
International Rectifier CA             25.83             13.98 85%
CA NY             33.11             18.00 84%
ON Semiconductor AZ              8.05              4.40 83%
AOL NY             44.40             25.07 77%
Advanced Micro Devices CA              4.00              2.29 75%
Tessara Technologies CA             19.75             11.32 74%
Integrated Device Technology CA              9.98              5.73 74%
Ingram Micro CA             23.40             13.50 73%
Applied Materials CA             17.51             10.18 72%
Symantec CA             23.11             13.49 71%
Broadcom CA             28.97             17.13 69%
Compuware MI             11.16              6.91 62%
Polycom CA             11.56              7.17 61%
Xerox CT             11.99              7.69 56%
TTM Technologies CA              8.60              5.86 47%
Lexmark KY             35.42             25.45 39%
Cisco Systems CA             21.98             15.82 39%
Juniper Networks CA             22.77             16.39 39%
Dell TX             13.86             10.27 35%
PMC Sierra CA              6.31              4.77 32%
Electronic Arts CA             22.68             17.53 29%
Black Box PA             29.41             24.53 20%
Intersil CA             11.08              9.48 17%
Rambus CA              9.60              9.47 1%
Quality Systems CA             20.90             20.66 1%
FLIR Systems OR             29.02             29.40 -1%
SunPower CA             32.73             33.62 -3%
QLogic CA             11.89             12.48 -5%
SunEdison MO             14.05             14.76 -5%
Hewlett-Packard CA             28.34             34.77 -18%
EarthLink GA              5.19              7.51 -31%
First Solar AZ             56.74           145.42 -61%





Average Increase:  all 157 Technology Companies
235%