Wednesday, May 14, 2014

New Jersey Company Average Stock Market Prices Up 370% Under Obama, a Democratic US Senate and a Quantitative Easing US Fed, After Being Down 51% During Financial Meltdown

I found 90 New Jersey 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 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%