Friday, May 16, 2014

Georgia Company Average Stock Market Prices Up 458% Under Obama, a Democratic US Senate and a Quantitative Easing US Fed, After Being Down 55% During Financial Meltdown

I found 69 Georgia 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 15, 2014.
I also included 2 Georgia Companies which were sold in November 2013 and in January 2014.  And I also included one Georgia Company whose common stock first started trading in early 2008.  That makes a total of 72 Georgia Companies.

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

These 72 Georgia Companies had their average stock market prices decline by a massive 55% 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 72 Georgia Companies have increased by a spectacular 458% through May 15, 2014, led mainly by 3 Georgia Companies having their stock market prices increase by more than 23 times each over the most recent roughly 5 years..... Gray Television up 26 times, Asbury Automotive Group up 25 times and Carmike Cinemas up 24 times.

In addition to Gray Television, Asbury Automotive Group and Carmike Cinemas, there were another 5 Georgia Companies which had their stock market prices increase by more than 10 times in the most recent roughly 5 years..... Oxford Industries up 17 times, Fidelity Southern up 13 times, Innotrac up 13 times, Beazer Homes USA up 12 times and Graphic Packaging Holding up 11 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, Georgia's unemployment rate more than doubled, going from 5.1% in December 2007 to 10.4% 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, the Georgia State unemployment rate declined sharply, going from 10.4% in October 2009 to 7.0% in the most recently reported April 2014.

Below here are the stock market prices of each of these 72 Georgia Companies on May 15, 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
Georgia Company HQs
5-15-14 3-6-09 12-31-07 5-15-14 3-6-09



$s $s $s

Gray Television Atlanta GA       10.22      0.38      8.02 2589% -95%
Asbury Automotive Group Duluth GA       62.47      2.40    15.05 2503% -84%
Carmike Cinemas Columbus GA       32.19      1.30      7.26 2376% -82%
Oxford Industries Atlanta GA       62.01      3.50    25.77 1672% -86%
Fidelity Southern Corp Atlanta GA       13.05      0.93      7.58 1306% -88%
Innotrac Atlanta GA         8.19      0.60      3.61 1265% -83%
Beazer Homes USA Atlanta GA       18.74      1.45    37.15 1192% -96%
Graphic Packaging Holding Atlanta GA       10.42      0.85      3.69 1126% -77%
Galectin Therapeutics Norcross GA       11.77      1.20      4.20 881% -71%
Popeyes Louisiana Kitchen Atlanta GA       37.34      3.92    11.32 853% -65%
Delta Airlines Atlanta GA       38.13      4.06    14.89 839% -73%
Neenah Paper Alpharetta GA       49.26      5.26    29.15 837% -82%
RPC Inc Atlanta GA       21.46      2.41      5.20 791% -54%
Interface Atlanta GA       17.59      1.98    16.32 788% -88%
Manhattan Associates Atlanta GA       30.43      3.53      6.59 762% -46%
MiMedx Group Marietta GA         5.35      0.68      6.35 687% -89%
Saia Inc Johns Creek GA       41.39      5.51      8.87 651% -38%
Mohawk Industries Calhoun GA      132.09    18.24    74.40 624% -75%
Ocwen Financial Atlanta GA       33.69      5.38      3.34 526% 61%
Newell Rubbermaid Atlanta GA       29.25      4.71    25.88 521% -82%
Schweitzer-Mauduit Intl Alpharetta GA       41.61      6.85    12.96 508% -47%
Acuity Brands Atlanta GA      119.83    20.82    45.00 476% -54%
Cumulus Media Atlanta GA         6.01      1.07      8.04 462% -87%
Post Properties Atlanta GA       51.25    10.15    35.12 405% -71%
Numerex Atlanta GA       10.96      2.34      8.25 368% -72%
NCR Duluth GA       31.79      6.80    25.10 368% -73%
Coca-Cola Enterprises Atlanta GA       46.55    10.00    26.03 366% -62%
AFLAC Columbus GA       61.89    13.44    62.63 360% -79%
Arris Enterprises Suwanee GA       29.13      6.37      9.98 357% -36%
Carter's Atlanta GA       71.63    16.30    19.35 339% -16%
Axiall Atlanta GA       42.71      9.75  165.50 338% -94%
Mueller Water Products Atlanta  GA          8.42      1.98      9.52 325% -79%
Home Depot Atlanta GA       76.24    18.00    26.94 324% -33%
Rock-Tenn Norcross GA       99.85    23.75    25.41 320% -7%
SunTrust Banks Atlanta GA       37.63      9.36    62.49 302% -85%
AGCO Corp Duluth  GA        53.98    15.10    67.98 257% -78%
Heritage Financial Group Albany GA       18.08      5.08    11.25 256% -55%
Invesco Ltd Atlanta GA       34.62      9.83    31.38 252% -69%
Equifax Atlanta GA       70.39    20.21    36.36 248% -44%
Genuine Parts Atlanta GA       84.54    25.55    46.30 231% -45%
Agilysys Alpharetta GA       12.63      3.97    15.12 218% -74%
IntercontinentalExchange Group Atlanta GA      189.07    60.39  192.50 213% -69%
Haverty Furniture Atlanta GA       24.15      7.75      8.99 212% -14%
Rollins Atlanta GA       29.97      9.67    12.80 210% -24%
Internap Network Services Atlanta GA         7.16      2.42      8.33 196% -71%
American Software Atlanta GA         9.04      3.17      8.50 185% -63%
Ebix Inc Atlanta GA       16.76      5.91      8.13 184% -27%
Total System Services Columbus GA       31.02    11.82    28.00 162% -58%
United Parcel Service Atlanta GA      100.46    39.38    70.72 155% -44%
Aaron's Atlanta GA       32.22    12.78    11.51 152% 11%
Zep Inc Atlanta GA       17.10      7.02    13.87 144% -49%
Thomasville Bancshares Thomasville GA       36.00    15.00    21.25 140% -29%
Global Payments Atlanta GA       67.49    28.34    46.52 138% -39%
PRGX Global Atlanta GA         6.34      2.85      8.57 122% -67%
Marine Products Atlanta GA         7.14      3.21      7.01 122% -54%
Flower Foods Thomasville GA       20.73      9.78    10.40 112% -6%
CryoLife Kennesaw GA         8.68      4.10      7.95 112% -48%
Coca-Cola Atlanta GA       40.52    19.55    30.69 107% -36%
Cousins Properties Inc Atlanta GA       11.57      5.81    20.56 99% -72%
Southeastern Bank Financial Augusta GA       21.80    12.00    31.36 82% -62%
Premiere Global Services Atlanta GA       12.63      7.03    14.85 80% -53%
MedAssets Alpharetta GA       22.89    13.28    23.94 72% -45%
Official Payments Holdings Norcross GA         8.34      5.56      8.50 50% -35%
Citi Trends Savannah GA       17.16    11.61    15.44 48% -25%
Crawford & Co Atlanta GA         9.97      7.14      4.15 40% 72%
United Community Banks Blairsville GA       15.25    12.20    79.00 25% -85%
Charter Financial West Point GA       10.57      8.82    34.48 20% -74%
Synovus Financial Columbus GA         3.13      2.65    10.53 18% -75%
Gentiva Health Services Atlanta GA       13.83    13.80    19.04 0% -28%
Bluelinx Holdings Atlanta GA         1.26      1.36      3.93 -7% -65%
Cbeyond Atlanta GA         9.94    13.04    38.99 -24% -67%
EarthLink Holdings Atlanta GA         3.43      6.13      7.07 -44% -13%








Average % Change all 72




458% -55%