Monday, February 24, 2014

Kentucky Company Average Stock Prices Up 285% Under Obama, Beshear and the US Fed, After Being Down 38% Due to Financial Meltdown

I found 17 Kentucky 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 21, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 17 Kentucky Companies had their equally-company-weighted average stock market prices decline by a huge 38% 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 17 Kentucky Companies have increased by a robust 285% through February 21, 2014, led by Ashland's stock market price increasing by 15 times and Temper Sealy's by 10 times since March 6, 2009.

To illustrate their operating consistency, all 17 Kentucky Companies had their stock market prices increase since March 6, 2009 with the lowest increase being 32%.

Kentucky citizens should be pleased with the excellent performance of their Kentucky Companies during the Obama Administration.

Below here are the stock market prices of these 17 Kentucky Companies on February 21, 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
Kentucky Company HQs
2-21-14 3-6-09 12-31-07 2-21-14 3-6-09








Ashland Covington KY          94.63          6.08          47.43 1456% -87%
Tempur Sealy Lexington KY          49.64          4.46          25.97 1013% -83%
Humana Louisville KY        102.82        19.54          75.31 426% -74%
Papa Johns Intl Louisville  KY           47.66        10.98          11.35 334% -3%
Churchill Downs Louisville KY          93.21        23.63          53.97 294% -56%
Texas Roadhouse Louisville KY          25.92          7.67          11.06 238% -31%
Brown-Forman Louisville KY          80.61        26.90          29.94 200% -10%
Yum! Brands Louisville KY          72.85        24.50          38.27 197% -36%
Lexmark Lexington KY          42.32        15.65          34.86 170% -55%
General Cable Highland Heights  KY           31.08        13.65          73.28 128% -81%
Almost Family Louisville KY          28.67        15.84          19.43 81% -18%
PharMerica Corp Louisville KY          24.45        14.83          13.88 65% 7%
Community Trust Bancorp Pikeville KY          38.52        23.97          27.53 61% -13%
Republic Bancorp Louisville KY          23.92        14.89          16.53 61% -10%
Farmers Capital Bank Frankfort KY          18.80        12.76          27.00 47% -53%
SY Bancorp Louisville KY          28.78        20.12          23.94 43% -16%
Kindred Healthcare Louisville KY          19.75        15.01          22.56 32% -33%








Average % Change all 17




285% -38%