Friday, February 21, 2014

Ohio Company Average Stock Prices Up 574% Under Obama, US Senator Brown and the US Fed, After Being Down 59% Due to Financial Meltdown

I found 104 Ohio 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 104 Ohio Companies had their equally-company-weighted average stock market prices decline by a massive 59% 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 104 Ohio Companies have increased by a spectacular 574% through February 21, 2014.

To illustrate the incredible operating consistency of these 104 Ohio Companies, all of them had stock market price increases since March 6, 2009.

The stick-out outperformer here was Auto Supplier Dana Holding, whose stock market price has increased an amazing 92 times since March 6, 2009.  There were an additional 5 Ohio Companies with stock price increases of more than 23 times.  And altogether, there were a huge number of 15 Ohio Companies with stock market price increases of more than 10 times since March 6, 2009.  And 2 more just barely missed 10 times stock market price appreciation. 

Ohio citizens must be just elated with the outstanding performance of these Ohio Companies during the Obama Administration.

Below here are the stock market prices of these 104 Ohio 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
Ohio Company HQs
2-21-14 3-6-09 12-31-07 2-21-14 3-6-09








Dana Holding Maumee OH      21.33        0.23      12.70 9174% -98%
Air Transport Services Group Wilmington OH        6.30        0.22        4.18 2764% -95%
PolyOne Corp Avon Lake OH      36.21        1.39        6.58 2505% -79%
Park-Ohio Holdings Cleveland OH      49.51        1.99      25.10 2388% -92%
EW Scripps Cincinnati OH      19.32        0.79      31.19 2346% -97%
Libbey Inc Toledo OH      23.26        0.96      15.84 2323% -94%
Commercial Vehicle Group New Albany OH        8.77        0.47      14.50 1766% -97%
AtriCure West Chester OH      21.47        1.25      13.11 1618% -90%
Fifth Third Bancorp Cincinnati OH      21.44        1.29      25.13 1562% -95%
Chart Industries Garfield Heights OH      89.61        5.57      30.90 1509% -82%
Ferro Corp Mayfield Heights OH      13.09        0.97      20.73 1249% -95%
Shilo Industries Valley City OH      17.91        1.37        9.85 1207% -86%
Nacco Industries Cleveland OH      57.62        4.78      31.76 1107% -85%
Core Molding Technologies Columbus OH      14.45        1.28        7.06 1029% -82%
OMNOVA Solutions Fairlawn OH        9.15        0.82        4.41 1016% -81%
DDR Corp Beachwood OH      16.61        1.52      38.29 993% -96%
DSW Inc Columbus OH      37.48        3.47        9.38 982% -63%
Glimcher Realty Trust Columbus OH        9.60        1.08      14.29 789% -92%
Cedar Fair LP Sandusky OH      53.03        6.00      21.13 784% -72%
L Brands Columbus OH      53.53        6.26      18.93 755% -67%
Owens Corning Toledo OH      44.97        5.33      20.22 744% -74%
CECO Environmental Cincinnati OH      15.58        1.86      10.98 738% -83%
Huntington Bancshares Columbus OH        8.11        1.02      14.76 695% -93%
Macy's Cincinnati OH      53.71        6.94      25.87 674% -73%
Goodyear Tire & Rubber Akron OH      26.54        3.51      28.22 656% -88%
United Community Financial Youngstown OH        3.58        0.48        5.37 646% -91%
Cooper Tire & Rubber Findlay OH      23.82        3.44      16.58 592% -79%
Athersys Cleveland OH        3.99        0.58        4.91 588% -88%
Nordson Westlake OH      69.80      10.62      28.98 558% -63%
First Defiance Financial Defiance OH      27.20        4.24      22.02 542% -81%
Rex American Resources Dayton OH      42.11        6.86      15.77 514% -56%
Stoneridge Warren OH      10.57        1.79        8.04 491% -78%
Myers Industries Akron OH      19.72        3.35      14.47 489% -77%
Timken Canton OH      58.95      10.04      32.85 487% -69%
TransDigm Group Cleveland OH     178.49      30.94      45.17 477% -32%
Rocky Brands Nelsonville OH      15.19        2.80        6.13 443% -54%
Lincoln Electric Holdings Cleveland OH      73.90      13.66      35.59 441% -62%
Worthington Industries Columbus OH      38.84        7.27      17.88 434% -59%
SIFCO Industries Cleveland OH      26.25        5.10      16.80 415% -70%
Mettler-Toledo Columbus OH     243.18      47.40     113.80 413% -58%
Pacer Intl Dublin OH        8.90        1.76      14.60 406% -88%
Travel Centers of America Westlake OH        8.87        1.82      12.50 387% -85%
Forest City Enterprises Cleveland OH      19.50        4.02      44.44 385% -91%
Eaton Cleveland OH      73.50      15.56      48.48 373% -68%
M/I Homes Columbus OH      23.80        5.09      10.50 368% -52%
The Andersons Maumee OH      53.98      11.55      44.80 367% -74%
Cardinal Health Dublin OH      71.75      15.37      29.77 367% -48%
Sherwin-Williams Cleveland OH     193.59      42.98      58.04 350% -26%
RPM Intl Medinah OH      40.24        9.24      20.30 335% -54%
American Financial Group Cincinnati OH      56.19      13.13      28.88 328% -55%
Parker-Hannifin Cleveland  OH      117.77      28.63      75.31 311% -62%
Navidea Biopharmaceuticals Dublin OH        1.96        0.53        0.29 270% 83%
Diamond Hill Investment Group Columbus OH     115.55      31.78      73.10 264% -57%
Convergys Cincinnati OH      20.00        5.70      16.46 251% -65%
Owens-Illinois Perrysburg OH      33.94      10.13      49.50 235% -80%
Cintas Cincinnati OH      61.66      18.46      33.62 234% -45%
Applied Industrial Technologies Cleveland OH      49.63      14.97      29.02 232% -48%
RG Barry Corp Pickerington OH      18.25        5.58        7.05 227% -21%
Associated Estates Realty Richmond Heights OH      17.22        5.35        9.44 222% -43%
Gorman-Rupp Mansfield OH      31.15        9.88      19.97 215% -51%
Peoples Bancorp Marietta OH      22.76        7.73      24.89 194% -69%
Bob Evans Farms Columbus OH      49.64      16.86      26.93 194% -37%
First Financial Bancorp Cincinnati OH      16.26        5.66      11.40 187% -50%
Teradata Dayton OH      45.58      16.01      27.41 185% -42%
JM Smucker Orrville OH      97.94      35.01      51.44 180% -32%
Multi-Color Corp Batavia OH      33.93      12.18      27.47 179% -56%
LCA-Vision Cincinnati OH        5.50        2.07      19.97 166% -90%
A. Schulman Fairlawn OH      33.36      12.56      21.55 166% -42%
Omnicare Cincinnati OH      61.30      23.35      22.81 163% 2%
Cincinnati Financial Fairfield OH      46.75      18.57      39.54 152% -53%
Olympic Steel Bedford Heights OH      27.75      11.21      31.71 148% -65%
LSI Industries Cincinnati  OH         8.18        3.32      18.20 146% -82%
Wendy's Dublin OH        9.90        4.10        8.73 141% -53%
KeyCorp Cleveland OH      12.85        5.36      23.45 140% -77%
Chemed Cincinnati OH      82.70      35.30      55.88 134% -37%
Progressive Mayfield Village OH      23.92      10.32      19.16 132% -46%
Materion Mayfield Heights OH      28.16      12.16      37.02 132% -67%
Lancaster Colony Columbus OH      89.01      39.63      39.70 125% 0%
Preformed Line Products Mayfield Village  OH       63.40      28.26      59.97 124% -53%
Steris Mentor OH      45.20      20.61      28.84 119% -29%
OM Group Cleveland OH      31.38      14.35      57.54 119% -75%
Scotts Miracle-Gro Marysville OH      56.28      25.83      37.42 118% -31%
National Interstate Richfield OH      29.95      14.34      33.10 109% -57%
Health Care REIT Toledo OH      56.78      27.27      44.69 108% -39%
Cincinnati Bell Cincinnati OH        3.40        1.65        4.75 106% -65%
Kroger Cincinnati OH      39.60      19.85      26.71 99% -26%
Abercrombie & Fitch New Albany OH      34.84      17.49      79.97 99% -78%
Greif Delaware OH      50.99      26.54      65.37 92% -59%
Farmers National Banc Canfield OH        7.37        3.99        7.70 85% -48%
GrafTech Intl Parma  OH         9.51        5.25      17.75 81% -70%
Diebold North Canton OH      35.99      19.92      28.98 81% -31%
Park National Newark OH      75.92      42.15      64.50 80% -35%
Procter & Gamble Cincinnati OH      77.97      45.71      73.42 71% -38%
Cliffs Natural Resources Cleveland OH      21.97      13.00      25.20 69% -48%
Big Lots Columbus OH      27.36      17.51      15.99 56% 10%
FirstMerit Akron OH      20.00      12.82      19.86 56% -35%
CBIZ Inc Cleveland OH        9.03        6.61        9.81 37% -33%
Invacare Elyria OH      19.50      14.96      25.20 30% -41%
State Auto Financial  Columbus OH      19.00      15.12      26.30 26% -43%
Frisch's Restaurants Cincinnati OH      24.30      19.50      23.40 25% -17%
Meridian Bioscience Cincinnati OH      21.65      17.86      30.08 21% -41%
Farmers and Merchants Bancorp Archbold OH      22.71      18.75      20.25 21% -7%
AK Steel Holding West Chester OH        6.36        6.09      46.24 4% -87%
TFS Financial Cleveland OH      11.76      11.30      11.94 4% -5%








Average % Change all 104




574% -59%