Monday, February 24, 2014

Iowa Company Average Stock Prices Up 490% Under Obama, Harkin and the US Fed, After Being Down 60% Due to Financial Meltdown

I found 17 Iowa 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.
I also included below 1 Iowa Company which was sold in April 2013.  That makes 18 Iowa Companies.

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

These 18 Iowa Companies had their equally-company-weighted average stock market prices decline by a massive 60% 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 18 Iowa Companies have increased by a very impressive 490%, driven by 3 Iowa Companies with stock market price increase above 10 times.....Lee Enterprises (up 16 times), FBL Financial Group (up 15 times) and Sauer-Danfoss (up 13 times).

To illustrate the operational consistency of these 18 Iowa Companies, all 18 of them had stock market price increases since March 6, 2009, with the lowest increase being a respectable 42%.

Iowa citizens should be extremely pleased with the outstanding performance of their Iowa Companies during the Obama Administration.

Below here are the stock market prices of these 18 Iowa 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
Iowa Company HQs
2-24-14 3-6-09 12-31-07 2-24-14 3-6-09








Lee Enterprises Davenport IA             4.85             0.29           14.65 1572% -98%
FBL Financial Group West Des Moines IA           40.65             2.55           34.53 1494% -93%
Sauer-Danfoss Ames IA           58.49             4.31           25.05 1257% -83%
Winnebago Industries Forest City IA           26.10             3.23           21.02 708% -85%
Principal Financial Group Des Moines IA           44.88             6.08           68.84 638% -91%
Flexsteel Dubuque IA           37.16             5.17           12.00 619% -57%
American Equity Investment Life West Des Moines IA           21.65             3.19             8.29 579% -62%
HNI Corp Muscatine IA           34.62             8.16           35.06 324% -77%
Meredith Corp Des Moines IA           44.96           11.28           54.98 299% -79%
MidWest One Financial Group Iowa City IA           26.20             7.00           16.99 274% -59%
Casey's General Stores Ankeny IA           66.76           18.81           29.61 255% -36%
Heartland Financial USA Dubuque IA           26.48             8.84           18.57 200% -52%
Rockwell Collins Cedar Rapids IA           82.82           28.35           71.97 192% -61%
West Bancorporation West Des Moines IA           14.74             5.64           13.04 161% -57%
Heartland Express North Liberty IA           20.60           12.19           14.18 69% -14%
United Fire Group Cedar Rapids IA           29.57           17.54           29.09 69% -40%
EMC Insurance Group Des Moines IA           30.58           19.03           23.67 61% -20%
Ames National Corp Ames IA           22.29           15.71           19.50 42% -19%








Average % Change all 18




490% -60%