Tuesday, May 13, 2014

Tennessee Company Average Stock Market Prices Up 489% Under Obama and a Quantitative Easing US Fed, After Being Down 52% During Financial Meltdown

I found 44 Tennessee 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 12, 2014.

And I also included a company which was sold in the last half of 2013.  That makes it 45 Tennessee Companies.

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

These 45 Tennessee Companies had their average stock market prices decline by a massive 52% 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 45 Tennessee Companies have increased by a spectacular 489% through May 12, 2014.
 
Two Tennessee Companies.....NN Inc and Acadia Healthcare.....had their stock market prices increase by more than 20 times in roughly the most recent 5 years.  And an additional 5 Tennessee Companies.....Buckeye Technologies, Healthstream, Louisiana-Pacific, The Dixie Group and International Paper.....had their stock market prices increase by more than 10 times in roughly the most recent 5 years.

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 spillover effects resulting from the disastrous 2008 Financial Meltdown.

And then with the US economic stimulating actions of the Obama Administration 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, Tennessee's unemployment rate nearly doubled, going from 5.4% in December 2007 to 10.7% in October 2009. And then with the US economic stimulating actions of the Obama Administration going full throttle, coupled with the Quantitative Easing by the US Fed, the Tennessee State unemployment rate declined sharply, going from 10.7% in October 2009 to 6.3% in the most recently reported April 2014.

Below here are the stock market prices of each of these 45 Tennessee Companies on May 12, 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
Tennessee Company HQs
5-12-14 3-6-09 12-31-07 5-12-14 3-6-09



$s $s $s

NN Inc Johnson City TN       23.97      0.93      9.42 2477% -90%
Acadia Healthcare Franklin TN       43.03      2.04    12.00 2009% -83%
Buckeye Technologies Memphis TN       37.49      1.82    12.50 1960% -85%
Healthstream Nashville TN       25.32      1.92      3.50 1219% -45%
Louisiana-Pacific Nashville TN       15.69      1.27    13.68 1135% -91%
The Dixie Group Chattanooga TN       11.00      0.95      8.31 1058% -89%
International Paper Memphis TN       47.35      4.09    32.38 1058% -87%
Eastman Chemical Kingsport TN       86.32      9.13    30.55 845% -70%
Ryman Hospitality Properties Nashville TN       45.80      4.99    40.47 818% -88%
Brookdale Senior Living Brentwood TN       30.97      3.39    28.41 814% -88%
CBL & Associates Properties Chattanooga TN       18.89      2.09    23.91 804% -91%
Tractor Supply Brentwood TN       66.50      7.40      8.99 799% -18%
Ruby Tuesday Maryville TN         8.00      0.95      9.75 742% -90%
Kirkland's Nashville TN       16.69      2.81      0.98 494% 187%
Genesco Nashville TN       78.12    13.58    37.80 475% -64%
Covenant Transportation Group Chattanooga TN         9.75      1.95      6.72 400% -71%
Delek US Holdings Inc Brentwood TN       31.46      6.70    20.23 370% -67%
Cracker Barrel Lebanon TN       97.79    22.15    32.39 341% -32%
Unum Group Chattanooga TN       34.22      8.11    23.79 322% -66%
FedEx Memphis TN      140.15    35.76    89.17 292% -60%
Miller Industries Ooltewah TN       20.00      5.35    13.69 274% -61%
Education Realty Trust Memphis TN       10.43      2.86    11.24 265% -75%
AutoZone Memphis TN      543.38  152.76  119.81 256% 28%
Mueller Industries Memphis TN       29.30      8.31    14.50 253% -43%
Corrections Corp America Nashville TN       33.03      9.82    29.51 236% -67%
Lifepoint Hospitals Brentwood TN       59.01    18.45    29.74 220% -38%
AmSurg Nashville TN       42.92    13.59    27.06 216% -50%
Forward Air Greeneville TN       44.40    14.43    31.17 208% -54%
Mid-America Apartment Communities Memphis TN       72.25    23.71    42.75 205% -45%
National Health Investors Murfreesboro TN       61.83    21.84    27.90 183% -22%
Community Health Systems Franklin TN       37.40    13.95    36.86 168% -62%
Provectus Biopharmaceuticals Knoxville TN         2.35      0.88      1.72 167% -49%
Pinnacle Financial Partners Nashville TN       35.00    13.76    25.42 154% -46%
Wright Medical Group Arlington TN       29.95    12.15    29.17 147% -58%
Healthways Franklin TN       18.19      7.42    58.44 145% -87%
CLARCOR Franklin TN       58.36    24.30    37.97 140% -36%
Healthcare Realty Trust Inc Nashville TN       25.03    12.78    25.39 96% -50%
Astec Industries Chattanooga  TN        40.64    20.82    37.19 95% -44%
Regal Entertainment Group Knoxville TN       19.00    10.08    18.07 88% -44%
Fred's Memphis TN       17.61      9.66      9.63 82% 0%
First Horizon National Memphis TN       11.77      6.93    15.12 70% -54%
National Healthcare Murfreesboro TN       55.76    35.24    51.70 58% -32%
First Acceptance Corp Nashville TN         2.59      2.14      4.22 21% -49%
GTX Inc Memphis TN         1.44      8.29    14.35 -83% -42%
First Security Group Chattanooga TN         1.90    33.90    89.80 -94% -62%








Average % Change all 45




489% -52%