Thursday, February 20, 2014

Utah Company Average Stock Prices Up 355% Under Obama and the US Fed, After Being Down 44% Due to Financial Meltdown

I found 17 Utah 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 20, 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 Utah Companies had their equally-company-weighted average stock market prices decline by a huge 44% 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 Utah Companies have increased by a very robust 355% through February 20, 2014.

16 of the 17 Utah Companies had stock market price increases since March 6, 2009.  And the one decline was only by 2%.

Utah citizens must be very pleased with the strong performance of these Utah Companies during the Obama Administration.

Below here are the stock market prices of these 17 Utah Companies on February 20, 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
Utah Company HQs
2-20-14 3-6-09 12-31-07 2-20-14 3-6-09








Huntsman Salt Lake City UT      23.47        2.25      25.70 943% -91%
Nu Skin Enterprises Provo UT      82.06        8.81      16.43 831% -46%
Headwaters South Jordan UT      12.78        1.39      11.74 819% -88%
Extra Space Storage Salt Lake City UT      47.45        5.18      14.29 816% -64%
Franklin Covey Salt Lake City UT      21.31        3.53        7.91 504% -55%
inContact Salt Lake City UT        8.89        1.75        4.50 408% -61%
Nutraceutical Intl Park City UT      26.25        5.67      13.25 363% -57%
Zions Bancorporation Salt Lake City UT      29.83        6.48      46.69 360% -86%
Lifevantage Sandy UT        1.36        0.30        0.20 353% 50%
Utah Medical Productd Midvale UT      58.73      22.40      29.72 162% -25%
Black Diamond Salt Lake City UT      10.15        4.00        5.90 154% -32%
Overstock.com Salt Lake City UT      18.71        7.88      15.53 137% -49%
Merit Medical Systems South Jordan UT      15.22        7.95      11.12 91% -28%
FX Energy Salt Lake City UT        3.52        2.44        5.68 44% -57%
SkyWest St George UT      11.96        8.91      26.85 34% -67%
Oak Ridge Energy Technologies Salt Lake City UT        0.80        0.66        1.43 21% -54%
Myriad Genetics Salt Lake City UT      36.29      37.05      22.13 -2% 67%








Average % Change all 17




355% -44%