Saturday, March 8, 2014

2009 US IPOs: Technology Stocks Up 151% and Health Care Stocks Up 144% Under Obama, Democratic US Senate and the US Fed

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 34 US Company IPOs in the year 2009, double the 17 in 2008, where the Company has its common stock still trading and it also has a Market Capitalization of more than $100 mil presently.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.  The superb Yahoo Finance website was also utilized.

The 8 US Technology Company IPOs in 2009 had their average stock price increase by a very impressive 151% through March 7, 2014.

The 5 US Health Care Company IPOs in 2009 had their average stock price increase by a very impressive 144% through March 7, 2014.

The 8 US Services Company IPOs in 2009 had their average stock price increase by 60% through March 7, 2014.

Leading the US Other Sectors was Mead Johnson Nutrition, operationally based in Evansville, IN, which posted stock price appreciation of 215% through March 7, 2014.

There were 8 2009 IPOs related to US REITs, whose average stock price increase was a modest 12% through March 7, 2014, but then to keep its tax-exempt status, the REIT must distribute at least 90% of its taxable income in each year.  

Interestingly, in both the US Biotechnology and the US Oil & Gas Industries there was only one IPO each in 2009.  This will be changing dramatically after 2009.

In addition to these 34 US IPOs in 2009, there were another 11 US IPOs in 2009 where the Company was acquired subsequently.  Their average stock market price increase for the short period from IPO date to stock sale date was 30%, led by another Technology Company.....Ancestry.com.....which experienced 125% stock market price growth between IPO and stock sale date.

It should also be pointed out that this very nice average stock market price growth for all of these 2009 US IPOs occurred when the US Senate was in Democratic Control.

Below here are the stock market prices of these 45 US Companies having IPOs in 2009 on March 7, 2014 or the Company sale date and on the first day IPO closing market price in 2009, along with the related % Change for this period of time:





1st Day





IPO




3-7-14 Closing
IPO


Market Market %
Date Company Sector Industry Price Price Change








Technology




8/6/09 Avago Technologies  Technology Semiconductor-Broad Line $62.75 $16.18 288%
6/25/09 Medidata Solutions  Technology Health Information Services $64.68 $17.00 280%
5/19/09 SolarWinds  Technology Application Software $45.66 $13.75 232%
5/20/09 OpenTable  Technology Internet Information Providers $84.22 $31.89 164%
10/7/09 Verisk Analytics  Technology Business Services $62.24 $27.22 129%
7/1/09 LogMeIn  Technology Application Software $45.26 $20.02 126%
11/18/09 Fortinet  Technology Application Software $23.39 $16.62 41%
4/15/09 Rosetta Stone  Technology Application Software $11.61 $25.12 -54%

Average % Change all 8 Technology


151%








Health Care




12/16/09 Team Health Holdings  Healthcare Staffing & Outsourcing Services $46.35 $12.81 262%
10/28/09 Addus HomeCare  Healthcare Home Health Care $28.37 $8.49 234%
10/28/09 Vitamin Shoppe  Healthcare Specialty Retail $46.39 $17.95 158%
10/8/09 Omeros  Healthcare Biotechnology $13.03 $8.73 49%
9/25/09 Select Medical Holdings  Healthcare Hospitals $11.78 $10.09 17%

Average % Change all 5 Health Care


144%








Services




12/11/09 KAR Holdings  Services Specialty Retail $31.63 $12.03 163%
11/13/09 Dollar General  Services Discount Variety Stores $59.39 $22.73 161%
11/5/09 Hyatt Hotels Services Lodging $53.25 $28.00 90%
10/8/09 Mistras Group  Services Security & Protection Services $23.24 $12.53 85%
4/14/09 Bridgepoint Education  Services Education & Training Services $19.28 $11.10 74%
10/2/09 Echo Global Logitcs  Services Trucking $16.88 $14.06 20%
9/24/09 Vitacost.com  Services Catalog&Mail Order Houses $7.25 $12.05 -40%
10/2/09 Education Management Corporation  Services Education & Training Services $5.73 $21.77 -74%

Average % Change all 8 Services


60%








Other Sectors




2/10/09 Mead Johnson Nutrition  Consumer Goods Processed & Packaged Goods $83.18 $26.43 215%
12/17/09 Kraton Performance Polymers  Basic Materials Specialty Chemicals $27.41 $13.51 103%
5/14/09 DigitalGlobal  Industrial Goods Aerospace/Defense $32.01 $21.50 49%
11/20/09 Cloud Peak Energy  Basic Materials Industrial Metals & Minerals $19.78 $14.84 33%
12/16/09 Cobalt International Energy  Basic Materials Independent Oil & Gas $17.95 $13.50 33%

Average % Change all 5 Other Sectors


87%








REITs




6/2/09 Government Properties Income Trust  Financial REIT-Office $24.64 $19.47 27%
6/12/09 CYS Investments Financial REIT-Mortgage Investments $8.47 $11.55 -27%
6/26/09 Invesco Mortgage Capital Financial REIT-Mortgage Investments $16.72 $19.42 -14%
7/30/09 PennyMac Investment Trust  Financial REIT-Residential $23.68 $19.10 24%
8/11/09 Starwood Property Trust  Financial REIT-Diversified $24.01 $20.00 20%
9/24/09 Colony Financial  Financial REIT-Diversified $22.35 $19.66 14%
9/24/09 Apollo Commerical Real Estate  Financial REIT-Diversified $16.57 $18.50 -10%
12/9/09 Pebblebrook Hotel Trust  Financial REIT-Hotel/Motel $33.71 $20.45 65%

Average % Change all 8 REITs



12%








Companies Acquired




11/5/09 Ancestry.com  Technology Internet Information Providers $32.00 $14.20 125%
10/13/09 RailAmerica  Services Railroads $27.50 $13.75 100%
11/20/09 Global Defense Technology & Systems  Services Engineering Services $24.25 $13.08 85%
11/13/09 rue21 Services Apparel Stores $42.00 $24.30 73%
10/21/09 AGA Medical Holdings  Healthcare Medical Equipment & Instruments $20.80 $14.60 42%
10/1/09 Talecris BioTherapeutics  Healthcare Drug Manufacturers $26.16 $21.15 24%
8/1/09 Emdeon  Healthcare Medical Billing Services $19.00 $16.52 15%
10/23/09 Dole Foods  Consumer Goods Food $13.50 $12.28 10%
9/16/09 CreXus Investment Financial REIT-Commercial Real Estate $13.05 $14.63 -11%
11/20/09 Archipelago Learning  Services Education & Training Services $11.10 $18.77 -41%
9/24/09 Artio Global Investors  Financial Investment Advice $2.74 $28.10 -90%

Average % Change all 11 Companies Acquired 

30%