- 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 13, 2014.
I also included one New Jersey Financial Company which went through a stock conversion in 2014. That makes it 91 New Jersey Companies.
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 91 New Jersey Companies had their average stock market prices decline by a huge 51% 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 91 New Jersey Companies have increased by a very impressive 370% through May 13, 2014.
Three of these 91 New Jersey Companies..... IDT Corp, Wyndham Worldwide and Protalex..... had their stock market prices increase by more than 20 times in the most recent roughly 5 years. An additional 5 of them..... Rockwood Holdings, Cambrex, WABCO Holdings, Hertz Global Holdings and SL Industries..... had their stock market prices increase by more than 10 times.
In similar fashion, 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, New Jersey's unemployment rate more than doubled, going from 4.6% in December 2007 to 9.6% 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, the New Jersey State unemployment rate declined markedly, going from 9.6% in October 2009 to 6.9% in the most recently reported April 2014.
Below here are the stock market prices of each of these 91 New Jersey Companies on May 13, 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 | |||
New Jersey Company | HQs | 5-13-14 | 3-6-09 | 12-31-07 | 5-13-14 | 3-6-09 | |
$s | $s | $s | |||||
IDT Corp | Newark | NJ | 15.92 | 0.59 | 8.45 | 2582% | -93% |
Wyndham Worldwide | Parsippany | NJ | 72.66 | 2.92 | 23.56 | 2388% | -88% |
Protalex | Summit | NJ | 8.20 | 0.38 | 6.50 | 2087% | -94% |
Rockwood Holdings | Princeton | NJ | 72.62 | 4.65 | 33.22 | 1462% | -86% |
Cambrex | East Rutherford | NJ | 19.04 | 1.50 | 8.38 | 1169% | -82% |
WABCO Holdings | Piscataway | NJ | 107.11 | 8.45 | 50.09 | 1168% | -83% |
Hertz Global Holdings | Park Ridge | NJ | 28.37 | 2.24 | 15.89 | 1167% | -86% |
SL Industries | Mount Laurel | NJ | 27.41 | 2.20 | 20.00 | 1146% | -89% |
Vonage Holdings | Holmdel | NJ | 3.85 | 0.38 | 2.30 | 913% | -83% |
Heartland Payment Systems | Princeton | NJ | 40.62 | 4.03 | 26.80 | 908% | -85% |
Cytec Industries | Woodland Park | NJ | 98.84 | 10.99 | 61.58 | 799% | -82% |
Antares Pharma | Ewing | NJ | 3.10 | 0.36 | 0.98 | 761% | -63% |
Elite Pharmaceuticals | Northvale | NJ | 0.41 | 0.05 | 2.16 | 720% | -98% |
B&G Foods | Parsippany | NJ | 32.10 | 3.99 | 10.21 | 705% | -61% |
IGI Laboratories | Buena | NJ | 4.55 | 0.57 | 1.41 | 698% | -60% |
Hovnanian Enterprises | Red Bank | NJ | 4.61 | 0.58 | 7.17 | 695% | -92% |
Movado Group | Paramus | NJ | 39.76 | 5.04 | 25.29 | 689% | -80% |
Actavis | Parsippany | NJ | 206.97 | 26.36 | 27.14 | 685% | -3% |
Prudential Financial | Newark | NJ | 84.46 | 11.38 | 93.04 | 642% | -88% |
Marlin Business Services Corp | Mount Laurel | NJ | 20.26 | 2.92 | 12.06 | 594% | -76% |
Innophos Holdings | Cranbury | NJ | 54.47 | 8.24 | 14.88 | 561% | -45% |
NPS Pharmaceuticals | Bedminster | NJ | 26.70 | 4.06 | 3.83 | 558% | 6% |
Ingersoll-Rand | Piscataway | NJ | 59.38 | 9.45 | 37.09 | 528% | -75% |
Cantel Medical | Little Falls | NJ | 31.50 | 5.40 | 6.48 | 484% | -17% |
Asta Funding | Englewood Cliffs | NJ | 8.18 | 1.46 | 26.44 | 460% | -94% |
Cognizant Technology Solutions | Teaneck | NJ | 48.99 | 9.15 | 16.97 | 436% | -46% |
Tyco Intl | Princeton | NJ | 42.94 | 8.84 | 19.48 | 386% | -55% |
CommVault Systems | Oceanport | NJ | 50.16 | 10.51 | 21.18 | 377% | -50% |
Universal Display | Ewing | NJ | 25.38 | 5.36 | 20.67 | 374% | -74% |
Rudolph Technologies | Flanders | NJ | 9.51 | 2.03 | 11.32 | 368% | -82% |
Honeywell | Morristown | NJ | 94.22 | 23.60 | 61.57 | 299% | -62% |
Investors Bancorp | Short Hills | NJ | 26.83 | 7.07 | 14.14 | 279% | -50% |
Celgene | Summit | NJ | 149.88 | 41.16 | 46.21 | 264% | -11% |
Arch Capital Group Ltd | Jersey City | NJ | 57.27 | 15.93 | 23.45 | 260% | -32% |
Immunomedics | Morris Plains | NJ | 3.28 | 0.95 | 2.32 | 245% | -59% |
ORBCOMM | Rochelle Park | NJ | 6.11 | 1.77 | 6.29 | 245% | -72% |
Synchronoss Technologies | Bridgewater | NJ | 29.89 | 9.06 | 35.44 | 230% | -74% |
Bed Bath & Beyond | Union | NJ | 62.31 | 19.52 | 29.39 | 219% | -34% |
Sealed Air | Elmwood Park | NJ | 33.38 | 10.64 | 23.14 | 214% | -54% |
J&J Snack Foods | Pennsauken | NJ | 93.62 | 30.99 | 31.28 | 202% | -1% |
Curtiss-Wright | Parsippany | NJ | 68.75 | 23.26 | 37.08 | 196% | -37% |
AEP Industries | South Hackensack | NJ | 35.16 | 12.06 | 32.01 | 192% | -62% |
Church & Dwight | Ewing | NJ | 67.85 | 23.43 | 27.04 | 190% | -13% |
The Medicines Company | Parsippany | NJ | 25.95 | 9.33 | 19.16 | 178% | -51% |
Chubb | Warren | NJ | 93.61 | 35.73 | 54.58 | 162% | -35% |
Center Bancorp | Union | NJ | 18.14 | 7.02 | 11.06 | 158% | -37% |
Alexander's | Paramus | NJ | 354.00 | 137.82 | 353.25 | 157% | -61% |
Everest Re Group Ltd | Liberty Corner | NJ | 158.55 | 61.84 | 100.40 | 156% | -38% |
Merck | Whitehouse Station | NJ | 55.75 | 22.74 | 58.11 | 145% | -61% |
The Children's Place | Secaucus | NJ | 49.34 | 20.14 | 25.93 | 145% | -22% |
Covance | Princeton | NJ | 84.48 | 34.50 | 86.62 | 145% | -60% |
Boulder Brands | Paramus | NJ | 13.33 | 5.57 | 10.93 | 139% | -49% |
Automatic Data Processing | Roseland | NJ | 78.92 | 33.28 | 44.53 | 137% | -25% |
Bio-Reference Laboratories | Elmwood Park | NJ | 25.01 | 10.64 | 16.34 | 135% | -35% |
Bel Fuse | Jersey City | NJ | 20.98 | 9.22 | 29.27 | 128% | -69% |
Hill Intl | Marlton | NJ | 5.78 | 2.57 | 14.17 | 125% | -82% |
Selective Insurance Group | Branchville | NJ | 23.58 | 10.61 | 22.99 | 122% | -54% |
Foster Wheeler | Clinton | NJ | 33.41 | 15.15 | 77.51 | 121% | -80% |
Integra LifeSciences | Plainsboro | NJ | 44.69 | 20.29 | 41.93 | 120% | -52% |
PHH Corp | Mount Laurel | NJ | 21.93 | 10.19 | 17.64 | 115% | -42% |
OceanFirst Financial | Toms River | NJ | 16.49 | 7.75 | 15.81 | 113% | -51% |
Johnson & Johnson | New Brunswick | NJ | 101.02 | 47.97 | 66.70 | 111% | -28% |
Provident Financial Services | Jersey City | NJ | 17.03 | 8.15 | 14.42 | 109% | -43% |
Checkpoint Systems | Thorofare | NJ | 13.25 | 6.41 | 25.98 | 107% | -75% |
Oritani Financial | Washington Township | NJ | 14.59 | 7.15 | 8.20 | 104% | -13% |
CR Bard | Murray Hill | NJ | 147.53 | 72.38 | 94.80 | 104% | -24% |
Northfield Bancorp | Woodbridge | NJ | 12.86 | 6.36 | 7.71 | 102% | -18% |
John Wiley & Sons | Hoboken | NJ | 56.41 | 28.37 | 42.84 | 99% | -34% |
Lakeland Bancorp | Oak Ridge | NJ | 10.68 | 5.53 | 10.51 | 93% | -47% |
UMH Properties | Freehold | NJ | 9.79 | 5.25 | 11.77 | 86% | -55% |
Becton Dickinson | Franklin Lakes | NJ | 117.60 | 64.15 | 83.58 | 83% | -23% |
Monmouth Real Estate Investment | Freehold | NJ | 9.25 | 5.09 | 8.10 | 82% | -37% |
Insmed | Monmouth Junction | NJ | 15.26 | 8.70 | 8.30 | 75% | 5% |
Campbell Soup | Camden | NJ | 45.63 | 26.55 | 35.73 | 72% | -26% |
Kearny Financial | Fairfield | NJ | 13.65 | 8.06 | 11.91 | 69% | -32% |
Peapack-Gladstone Financial | Bedminster | NJ | 18.61 | 11.33 | 23.40 | 64% | -52% |
Dun & Bradstreet | Short Hills | NJ | 107.31 | 71.76 | 88.63 | 50% | -19% |
Cape Bancorp | Cape May Court House | NJ | 10.42 | 7.00 | 22.05 | 49% | -68% |
Covanta Holding | Morristown | NJ | 19.02 | 13.42 | 27.66 | 42% | -51% |
Suburban Propane Partners LP | Whippany | NJ | 45.29 | 32.06 | 40.50 | 41% | -21% |
Mack-Cali Realty | Edison | NJ | 20.66 | 14.63 | 34.00 | 41% | -57% |
Clifton Savings Bancorp | Clifton | NJ | 11.64 | 8.26 | 9.80 | 41% | -16% |
BCB Bancorp | Bayonne | NJ | 13.26 | 9.49 | 15.55 | 40% | -39% |
Valley National Bancorp | Wayne | NJ | 9.77 | 7.40 | 14.93 | 32% | -50% |
Quest Diagnostics | Madison | NJ | 57.27 | 44.41 | 52.90 | 29% | -16% |
Sun Bancorp | Vineland | NJ | 3.85 | 3.43 | 14.31 | 12% | -76% |
Hudson City Bancorp | Paramus | NJ | 9.87 | 8.80 | 15.02 | 12% | -41% |
North European Oil Royalty Trust | Red Bank | NJ | 24.29 | 22.36 | 34.02 | 9% | -34% |
Village Super Market | Springfield | NJ | 25.69 | 25.75 | 25.45 | 0% | 1% |
Anadigics | Warren | NJ | 1.17 | 1.50 | 11.57 | -22% | -87% |
Amicus Therapeutics | Cranbury | NJ | 2.18 | 7.26 | 10.75 | -70% | -32% |
Average % Change all 91 | 370% | -51% |