Tuesday, February 25, 2014

Connecticut Company Average Stock Prices Up 393% Under Obama, Malloy, Blumenthal, Murphy and the US Fed, After Being Down 55% Due to Financial Meltdown

I found 61 Connecticut Headquartered Companies in Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil 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 the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date February 24, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 61 Connecticut Companies had their equally-company-weighted average stock market prices decline by a huge 55% 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 equally-company-weighted average stock market prices of these same 61 Connecticut Companies have increased by a very impressive 393% through February 24, 2014.

There were 5 Connecticut Companies which had their stock market prices increase by at least 10 times since March 6, 2009, led by United Rentals having its stock market price advance by nearly 27 times.

And there were another another 7 Connecticut Companies which had their stock market prices increase by between 7 and 10 times since March 6, 2009.

To illustrate the consistency of these 61 Connecticut Companies , only 3 of them had stock market price declines since March 6, 2009.

Connecticut citizens should be very pleased with the strong performance of nearly all of their Connecticut Companies during the Obama Administration.

Below here are the stock market prices of these 61 Connecticut Companies on February 24, 2014, on March 6, 2009, and on December 31, 2007: 







Market Market






Price Price






% %






Change Change



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



Price Price Price to to
Connecticut Company HQs
2-24-14 3-6-09 12-31-07 2-24-14 3-6-09








United Rentals Greenwich CT       87.43         3.16       18.36 2667% -83%
priceline.com Norwalk CT   1,313.67       83.59      114.86 1472% -27%
Alexion Phramaceuticals Cheshire CT    183.550      16.140      18.758 1037% -14%
Photronics Brookfield CT         8.31         0.74       12.47 1023% -94%
Harman Intl Stamford CT      105.76         9.47       73.71 1017% -87%
Webster Financial Waterbury CT       30.57         2.97       31.97 929% -91%
XL Group plc Stamford CT       29.73         2.95       50.31 908% -94%
Lydall Inc Manchester CT       20.09         2.04       10.52 885% -81%
Harford Financial Services Group Hartford CT       34.64         3.62       87.19 857% -96%
Hexcel Stamford CT       43.49         4.76       24.28 814% -80%
Starwood Hotels & Resorts Stamford CT       81.39         9.52       44.03 755% -78%
The Phoenix Companies Hartford CT       48.05         5.80      237.40 728% -98%
Gartner Stamford CT       67.55         8.94       17.56 656% -49%
Aircastle Stamford CT       19.08         2.80       26.33 581% -89%
Sturm Ruger Southport CT       67.59       10.32         8.28 555% 25%
Cigna Bloomfield CT       79.19       13.44       53.73 489% -75%
TransAct Technologies Hamden CT       11.60         2.04         4.79 469% -57%
Terex Westport  CT        43.04         7.63       65.57 464% -88%
Genesee & Wyoming Darien CT       98.40       17.61       24.17 459% -27%
Crane Stamford CT       66.31       12.90       42.90 414% -70%
RBC Bearings Oxford CT       64.30       12.59       43.46 411% -71%
Hubbell Shelton CT      119.27       23.44       51.60 409% -55%
Barnes Group Bristol  CT        37.10         8.01       33.39 363% -76%
Zygo Middlefield CT       14.81         3.40       12.46 336% -73%
Rogers Corp Rogers CT       62.54       16.04       43.37 290% -63%
Kaman Corp Bloomfield CT       39.85       10.29       36.81 287% -72%
Amphenol Wallington CT       88.91       23.71       46.37 275% -49%
Independence Holding Stamford CT       13.15         3.59       11.50 266% -69%
General Electric Fairfield CT       25.29         7.06       37.07 258% -81%
Aetna Hartford CT       71.80       20.22       57.73 255% -65%
Bolt Technology Norwalk CT       20.57         5.88       25.32 250% -77%
Stanley Black & Decker New Britain CT       82.08       23.56       48.48 248% -51%
Ethan Allen Interiors Danbury CT       24.58         7.10       28.50 246% -75%
SI Financial Group Willimantic CT       11.66         3.54         9.84 229% -64%
EMCOR Group Norwalk CT       43.53       14.31       23.63 204% -39%
United Technologies Hartford CT      116.49       38.54       76.54 202% -50%
Rockville Financial Rockville CT       13.21         4.60         8.04 187% -43%
FactSet Research Systems Norwalk CT      104.96       36.88       55.70 185% -34%
ATMI Inc Danbury CT       33.91       12.08       32.25 181% -63%
TRC Companies Windsor CT         7.06         2.70         8.00 161% -66%
Xerox Norwalk CT       10.78         4.28       16.19 152% -74%
World Wrestling Entertainment Stamford CT       23.99         9.53       14.76 152% -35%
Compass Diversified Holdings Westport CT       18.43         7.35       14.90 151% -51%
Achillion Pharmaceuticals New Haven CT       3.550       1.480       4.990 140% -70%
Praxair Danbury CT      127.15       55.24       88.71 130% -38%
Star Gas Partners  LP Stamford CT         5.67         2.51         3.97 126% -37%
WR Berkley Greenwich CT       40.61       19.47       29.81 109% -35%
Silgan Holdings Stamford CT       47.20       23.85       25.97 98% -8%
Urstadt Biddle Properties Greenwich CT       19.40       10.37       15.50 87% -33%
Magellan Health Services Avon CT       60.62       32.84       46.63 85% -30%
Cenveo Stamford CT         3.27         1.83       17.47 79% -90%
Interactive Brokers Group Greenwich CT       22.27       13.37       32.32 67% -59%
NanoViricides West Haven CT         3.89         2.38         1.37 63% 74%
The Eastern Co Naugatuck CT       15.94       10.00 18.34 59% -45%
Information Services Group Stamford CT         4.78         3.06         6.85 56% -55%
Pitney Bowes Stamford CT       24.68       18.02       38.04 37% -53%
Navigators Group Stamford CT       60.85       48.24       65.00 26% -26%
Blyth Inc Greenwich CT         9.40         8.20       21.94 15% -63%
People's United Financial Bridgeport CT       14.20       16.87       17.80 -16% -5%
Frontier Communications Stamford CT         4.59         5.86       12.73 -22% -54%
Revolution Lighting Technologies Stamford CT         3.33         6.60         4.90 -50% 35%








Average % Change all 61




393% -55%