Monday, May 19, 2014

Arizona Company Average Stock Market Prices Up 349% Under Obama, a Democratic US Senate plus McCain and a Quantitative Easing US Fed, After Being Down 44% During Financial Meltdown

I found 28 Arizona Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings 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 May 16, 2014.
I also included one Arizona Company whose common stock first started trading in 2008.  That makes a total of 29 Arizona Companies.

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

These 29 Arizona Companies had their 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 more than five years since March 6, 2009, the average stock market prices of these same 29 Arizona Companies have increased by a very impressive 349% through May 16, 2014.

There were 5 Arizona Companies whose stock market prices increased by at least 9 times in the most recent roughly 5 years..... Providence Service up 15 times, Accelerate Diagnostics up 14 times, Insight Enterprises up 12 times, Kona Grill up 10 times and Inventure Foods up 9 times.
 
In similar fashion, from the US Bureau of Labor Statistics, the US unemployment rate doubled from 5.0% in December 2007 to 10.0% in October 2009, early in President Obama's first term which was the very lowest point for the US Labor Market due to the lagging spillover effects resulting from the disastrous 2008 Financial Meltdown.

And then with the US economic stimulating actions of the Obama Administration, supported by both a Democratic controlled US Senate and US House (at the time), taking full effect, coupled with the Quantitative Easing by the US Fed, the US unemployment rate declined sharply from 10.0% in October 2009 to 6.3% in the most recently reported April 2014.

In like manner, Arizona's unemployment rate more than doubled, going from 4.1% in December 2007 to 10.6% in October 2009.  And then with the US economic stimulating actions of the Obama Administration, supported by both a Democratic controlled US Senate and US House (at the time), going full throttle, coupled with the Quantitative Easing by the US Fed and proactive initiatives taken by Republican US Senator John McCain, the Arizona unemployment rate declined sharply, going from 10.6% in October 2009 to 6.9% in the most recently reported April 2014.

Below here are the stock market prices of each of these 29 Arizona Companies on May 16, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:






Market Market






Price Price






% %






Change Change



Market Market Market 3-6-09 12-31-07



Price Price Price to to
Arizona Company HQs
5-16-14 3-6-09 12-31-07 5-16-14 3-6-09



$s $s $s

Providence Service Tucson AZ       39.41      2.41    28.14 1535% -91%
Accelerate Diagnostics Tucson AZ       21.25      1.41      4.63 1407% -70%
Insight Enterprises Tempe AZ       28.07      2.10    18.24 1237% -88%
Kona Grill Scottsdale AZ       19.21      1.79    14.60 973% -88%
Inventure Foods Phoenix AZ       12.39      1.23      2.23 907% -45%
Amkor Technology Chandler AZ         9.37      1.78      8.53 426% -79%
Western Alliance Banc Phoenix AZ       21.76      4.32    18.77 404% -77%
Mobile Mini Tempe AZ       41.61      8.46    18.54 392% -54%
Meritage Homes Scottsdale AZ       38.94      8.83    14.57 341% -39%
PetSmart Phoenix AZ       64.97    16.85    23.53 286% -28%
Cavco Industries Phoenix AZ       75.02    20.02    33.84 275% -41%
TASER Intl Scottsdale AZ       13.32      3.65    14.39 265% -75%
Grand Canyon Education Phoenix AZ       45.09    12.99    11.85 247% 10%
Amtech Systems Tempe AZ         8.18      2.73    12.99 200% -79%
PS Business Parks Glendale AZ       85.16    30.21    52.55 182% -43%
Avnet Phoenix AZ       42.31    16.12    34.97 162% -54%
Schuff Intl Phoenix AZ       30.00    11.50    34.00 161% -66%
Microchip Technology Chandler AZ       46.40    18.24    32.70 154% -44%
ON Semiconductor Phoenix AZ         8.45      3.46      8.88 144% -61%
Republic Services Phoenix AZ       34.80    16.47    31.35 111% -47%
Freeport-McMoRan Copper & Gold Phoenix AZ       34.99    16.94    51.22 107% -67%
Southern Copper Corp Phoenix AZ       30.15    14.67    35.04 106% -58%
Viad Corp Phoenix AZ       24.18    12.63    31.58 91% -60%
Knight Transportation Phoenix AZ       22.77    12.45    14.81 83% -16%
Universal Technical Institute Scottsdale AZ       11.01      9.16    17.00 20% -46%
AV Homes Scottsdale AZ       16.82    15.00    41.82 12% -64%
Limelight Networks Tempe AZ         2.09      2.53      6.89 -17% -63%
First Solar Tempe AZ       59.64  108.49    29.84 -45% 264%
Apollo Education Group Phoenix AZ       29.00    64.69    70.15 -55% -8%








Average % Change all 29




349% -44%