Saturday, February 22, 2014

Mississippi Company Average Stock Prices Up 183% Under Obama and the US Fed, After Being Down 43% Due to Financial Meltdown

I found 8 Mississippi 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 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 8 Mississippi Companies had their equally-company-weighted average stock market prices decline by a huge 43% 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 8 Mississippi Companies have increased by a robust 183% through February 21, 2014, led by Natchez-based Callon Petroleum Co's very impressive 617% stock market price increase since March 6, 2009.

To illustrate their consistent operating performance, all 8 Mississippi Companies had their stock market prices increase since March 6, 2009, with the lowest one being 40%.

Mississippi citizens must be pleased with the solid performance of these Mississippi Companies during the Obama Administration.

Below here are the stock market prices of these 8 Mississippi 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
Mississippi Company HQs
2-21-14 3-6-09 12-31-07 2-21-14 3-6-09








Callon Petroleum Co Natchez MS            6.74          0.94          16.45 617% -94%
Renasant Corp Tupelo MS          27.33          8.44          21.57 224% -61%
EastGroup Properties Jackson MS          61.41        21.54          41.85 185% -49%
Cal-Maine Foods Jackson MS          52.45        18.51          26.53 183% -30%
Sanderson Farms Laurel MS          72.72        34.01          33.78 114% 1%
Trustmark Jackson MS          23.10        14.73          25.36 57% -42%
Hancock Holding Gulfport MS          33.68        23.75          38.20 42% -38%
BancorpSouth Tupelo MS          23.30        16.64          23.61 40% -30%








Average % Change all 8




183% -43%