Thursday, February 6, 2014

44 Largest US Medical Appliances & Equipment Corps Average Stock Prices Down 51% Due to Financial Meltdown Spillover Effects, Then Up 279% Under Obama and the US Fed

I found 44 US Medical Appliances & Equipment Corps classified in the Health Care Sector at Yahoo's superb 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 the most recent date February 6, 2014.
The historical common stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 44 US Medical Appliances & Equipment Corps had their average stock prices drop by a huge 51% 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 in the slightly less than five years since March 6, 2009, the average stock prices of these same 44 US Medical Appliances & Equipment Corps have increased by a robust 279% through February 6, 2014.

The main driver of this 279% average stock price growth was Fonar, whose stock price advanced by a massive 2,768% since March 6, 2009.

Clearly, the investors in and employees of nearly all of these 44 US Medical Appliances & Equipment Corps 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.

Also, these US Medical Appliances & Equipment Corps have thrived under the Affordable Care Act. 

Below here are the stock market prices of each of these 44 US Medical Appliances & Equipment Corps on February 6, 2014, March 6, 2009, and December 31, 2007:




Market Market






Price Price






% %






Change Change



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



Price Price Price to to
Medical Appliances & Equipment Company HQs
2-6-14 3-6-09 12-31-07 2-6-14 3-6-09








Fonar Melville NY      18.08       0.63        5.20 2768% -88%
MiMedx Group Marietta GA       7.18       0.68        6.35 956% -89%
Opko Health Miami FL       7.65       0.80        2.85 856% -72%
Spectranetics Colorado Springs CO      24.95       2.70       15.33 824% -82%
Align Technology San Jose CS      54.01       6.41       16.68 743% -62%
Sirona Dental Systems Long Island City NY      71.86      11.59       33.48 520% -65%
Nxstage Medical Lawrence MA      12.84       2.30       15.17 458% -85%
Cynosure Westford MA      27.09       4.93       26.46 449% -81%
ABIOMED Danvers MA      26.51       4.99       15.54 431% -68%
Cyberonics Houston TX      65.55      14.77       13.16 344% 12%
Intuitive Surgical Sunnyvale CA    414.79      95.89     323.00 333% -70%
Cardiovascular Systems St Paul MN      32.64       8.51       31.00 284% -73%
Natus Medical San Carlos CA      23.98       6.69       19.35 258% -65%
CONMED Utica NY      41.33      11.69       23.11 254% -49%
Navidea Biopharmaceuticals Dublin OH       1.70       0.53        0.29 221% 83%
Mine Safety Appliances Cranberry Township PA      47.80      16.55       51.87 189% -68%
Varian Medical Systems Palo Alto CA      78.94      27.73       52.16 185% -47%
Zimmer Holdings Warsaw IN      92.55      32.66       66.15 183% -51%
Wright Medical Group Arlington TN      30.21      12.15       29.17 149% -58%
ResMed San Diego CA      43.69      17.77       26.27 146% -32%
Stryker Kalamazoo MI      78.21      32.01       74.72 144% -57%
Edwards Lifesciences Irvine CA      66.60      27.45       23.00 143% 19%
Accuray Sunnyvale CA       9.89       4.09       15.22 142% -73%
CryoLife Kennesaw GA       9.69       4.10        7.95 136% -48%
Symmetry Medical Warsaw IN       9.76       4.41       17.43 121% -75%
Medtronic Minneapolis MN      54.75      24.92       50.27 120% -50%
Greatbatch Frisco TX      40.41      18.66       19.99 117% -7%
Hologic Bedford MA      20.75       9.70       34.32 114% -72%
Steris Mentor OH      43.90      20.61       28.84 113% -29%
Boston Scientific Natick MA      12.83       6.33       11.63 103% -46%
Allscripts Healthcare Solution Chicago IL      15.88       7.93       19.42 100% -59%
St Jude Saint Paul MN      60.50      32.37       40.64 87% -20%
Exactech Gainesville FL      22.19      12.63       20.75 76% -39%
Abbott Laboratories Abbott Park IL      36.65      22.44       26.87 63% -16%
Cutera Brisbane CA       9.02       5.75       15.70 57% -63%
Volcano San Diego CA      20.64      13.16       12.51 57% 5%
NuVasive San Diego CA      35.83      26.57       39.52 35% -33%
RTI Surgical Alachua FL       3.04       2.31        8.68 32% -73%
Medical Action Insustries Brentwood NY       7.64       5.87       20.85 30% -72%
Invacare Elyria OH      19.18      14.96       25.20 28% -41%
Masimo Irvine CA      27.72      24.08       39.45 15% -39%
PhotoMedex Montgomeryville PA      13.44      11.76       39.90 14% -71%
Hansen Medical Mountain View CA       2.25       3.04       29.94 -26% -90%
EnteroMedics St Paul MN       2.15       7.80       48.30 -72% -84%








Average % Change all 44




279% -51%



Posted by at