Saturday, February 22, 2014

New Jersey Company Average Stock Prices Up 391% Under Obama, Booker, Menendez, Lautenberg and the US Fed, After Being Down 52% Due to Financial Meltdown

I found 92 New Jersey 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.
A handful of these 92 Companies are legally headquartered overseas but with very substantial operations in New Jersey.

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

These 92 New Jersey Companies had their equally-company-weighted average stock market prices decline by a huge 52% 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 92 New Jersey Companies have increased by a very impressive 391% through February 21, 2014.

10 of these 92 New Jersey Companies had stock market price increases of more than 10 times since March 6, 2009, led by IDT Corp (up 28 times), Wyndham Worldwide (up 23 times) and Protalex (also up 23 times). 

To show the consistency of these New Jersey Companies, only 3 of the 92 had stock market price declines since March 6, 2009.

New Jersey citizens must be very pleased with the outstanding performance of these New Jersey Companies during the Obama Administration.

Below here are the stock market prices of these 92 New Jersey 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
New Jersey Company HQs
2-21-14 3-6-09 12-31-07 2-21-14 3-6-09








IDT Corp Newark NJ      17.34        0.59        8.45 2821% -93%
Wyndham Worldwide Parsippany NJ      69.96        2.92      23.56 2296% -88%
Protalex Summit NJ        8.94        0.38        6.50 2284% -94%
Rockwood Holdings Princeton NJ      73.94        4.65      33.22 1490% -86%
Cambrex East Rutherford NJ      21.77        1.50        8.38 1351% -82%
Antares Pharma Ewing NJ        4.76        0.36        0.98 1222% -63%
Hertz Global Holdings Park Ridge NJ      27.50        2.24      15.89 1128% -86%
Vonage Holdings Holmdel NJ        4.54        0.38        2.30 1095% -83%
SL Industries Mount Laurel NJ      26.25        2.20      20.00 1093% -89%
WABCO Holdings Piscataway NJ      99.21        8.45      50.09 1074% -83%
Hovnanian Enterprises Red Bank NJ        5.88        0.58        7.17 914% -92%
Heartland Payment Systems Princeton NJ      39.66        4.03      26.80 884% -85%
NPS Pharmaceuticals Bedminster NJ      38.57        4.06        3.83 850% 6%
Actavis Parsippany NJ     218.41      26.36      27.14 729% -3%
Cytec Industries Woodland Park NJ      90.55      10.99      61.58 724% -82%
Elite Pharmaceuticals Northvale NJ        0.41        0.05        2.16 720% -98%
Marlin Business Services Corp Mount Laurel NJ      23.01        2.92      12.06 688% -76%
Movado Group Paramus NJ      38.74        5.04      25.29 669% -80%
B&G Foods Parsippany NJ      29.75        3.99      10.21 646% -61%
Prudential Financial Newark NJ      83.93      11.38      93.04 638% -88%
CommVault Systems Oceanport NJ      68.92      10.51      21.18 556% -50%
Innophos Holdings Cranbury NJ      52.68        8.24      14.88 539% -45%
IGI Laboratories Buena NJ        3.60        0.57        1.41 532% -60%
Ingersoll-Rand Piscataway NJ      59.41        9.45      37.09 529% -75%
Universal Display Ewing NJ      33.13        5.36      20.67 518% -74%
Cantel Medical Little Falls NJ      31.61        5.40        6.48 486% -17%
Asta Funding Englewood Cliffs NJ        8.41        1.46      26.44 476% -94%
Cognizant Technology Solutions Teaneck NJ     102.73      18.29      33.94 462% -46%
Rudolph Technologies Flanders NJ      11.33        2.03      11.32 458% -82%
Immunomedics Morris Plains NJ        5.18        0.95        2.32 445% -59%
Tyco Intl Princeton NJ      42.29        8.84      19.48 378% -55%
ORBCOMM Rochelle Park NJ        7.72        1.77        6.29 336% -72%
Honeywell Morristown NJ      93.93      23.60      61.57 298% -62%
Celgene Summit NJ     160.97      41.16      46.21 291% -11%
AEP Industries South Hackensack NJ      43.61      12.06      32.01 262% -62%
Investors Bancorp Short Hills NJ      25.54        7.07      14.14 261% -50%
Synchronoss Technologies Bridgewater NJ      32.39        9.06      35.44 258% -74%
Arch Capital Group Ltd Jersey City NJ      55.86      15.93      23.45 251% -32%
Bed Bath & Beyond Union NJ      64.99      19.52      29.39 233% -34%
The Medicines Company Parsippany NJ      29.87        9.33      19.16 220% -51%
Sealed Air Elmwood Park NJ      32.78      10.64      23.14 208% -54%
Covance Princeton NJ     102.78      34.50      86.62 198% -60%
J&J Snack Foods Pennsauken NJ      90.24      30.99      31.28 191% -1%
Church & Dwight Ewing NJ      66.15      23.43      27.04 182% -13%
Curtiss-Wright Parsippany NJ      64.91      23.26      37.08 179% -37%
The Children's Place Secaucus NJ      54.12      20.14      25.93 169% -22%
PHH Corp Mount Laurel NJ      26.46      10.19      17.64 160% -42%
Alexander's Paramus NJ     354.11     137.82     353.25 157% -61%
Bio-Reference Laboratories Elmwood Park NJ      27.26      10.64      16.34 156% -35%
Center Bancorp Union NJ      17.54        7.02      11.06 150% -37%
Boulder Brands Paramus NJ      13.83        5.57      10.93 148% -49%
Merck Whitehouse Station NJ      56.03      22.74      58.11 146% -61%
Chubb Warren NJ      87.05      35.73      54.58 144% -35%
Everest Re Group Ltd Liberty Corner NJ     148.75      61.84     100.40 141% -38%
Integra LifeSciences Plainsboro NJ      47.37      20.29      41.93 133% -52%
Automatic Data Processing Roseland NJ      76.20      33.28      44.53 129% -25%
OceanFirst Financial Toms River NJ      17.38        7.75      15.81 124% -51%
Selective Group Branchville NJ      23.24      10.61      22.99 119% -54%
Checkpoint Systems Thorofare NJ      13.99        6.41      25.98 118% -75%
Oritani Financial Washington Township NJ      15.35        7.15        8.20 115% -13%
Insmed  Monmouth Junction NJ      18.49        8.70        8.30 113% 5%
Foster Wheeler Clinton NJ      32.04      15.15      77.51 111% -80%
Provident Financial Services Jersey City NJ      17.06        8.15      14.42 109% -43%
Bel Fuse Jersey City NJ      19.17        9.22      29.27 108% -69%
John Wiley & Sons Hoboken NJ      56.70      28.37      42.84 100% -34%
Northfield Bancorp Woodbridge NJ      12.58        6.36        7.71 98% -18%
Lakeland Bancorp Oak Ridge NJ      10.92        5.53      10.51 97% -47%
CR Bard Murray Hill NJ     141.57      72.38      94.80 96% -24%
Johnson & Johnson New Brunswick NJ      91.52      47.97      66.70 91% -28%
Monmouth Real Estate Investment Freehold NJ        9.69        5.09        8.10 90% -37%
Hill Intl Marlton NJ        4.61        2.57      14.17 79% -82%
UMH Properties Freehold NJ        9.41        5.25      11.77 79% -55%
Becton Dickinson Franklin Lakes NJ     114.98      64.15      83.58 79% -23%
Campbell Soup Camden NJ      43.98      26.55      35.73 66% -26%
Peapack-Gladstone Financial Bedminster NJ      18.56      11.33      23.40 64% -52%
Clifton Savings Bancorp Clifton NJ      13.06        8.26        9.80 58% -16%
Cape Bancorp Cape May Court House NJ      10.46        7.00      22.05 49% -68%
Mack-Cali Realty Edison NJ      21.85      14.63      34.00 49% -57%
Kearny Financial Fairfield NJ      11.86        8.06      11.91 47% -32%
BCB Bancorp Bayonne NJ      13.07        9.49      15.55 38% -39%
Suburban Propane Partners LP Whippany NJ      44.00      32.06      40.50 37% -21%
Metalico Cranford NJ        2.14        1.60      10.81 34% -85%
Valley National Bancorp Wayne NJ        9.87        7.40      14.93 33% -50%
Dun & Bradstreet Short Hills NJ      95.54      71.76      88.63 33% -19%
Covanta Holding Morristown NJ      17.70      13.42      27.66 32% -51%
Anadigics Warren NJ        1.89        1.50      11.57 26% -87%
Quest Diagnostics Madison NJ      53.05      44.41      52.90 19% -16%
Village Super Market Springfield NJ      27.90      25.75      25.45 8% 1%
Hudson City Bancorp Paramus NJ        9.22        8.80      15.02 5% -41%
North European Oil Royalty Trust Red Bank NJ      22.16      22.36      34.02 -1% -34%
Sun Bancorp Vineland NJ        3.33        3.43      14.31 -3% -76%
Amicus Therapeutics Cranbury NJ        2.59        7.26      10.75 -64% -32%








Average % Change all 92




391% -52%