Tuesday, June 17, 2014

Connecticut Company Stock Prices Up Again Sharply in the Most Recent Month

I found 59 Connecticut 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 May 16, 2014
I also included one Connecticut Company which was sold in April 2014.  That makes a total of 60 Connecticut Companies.

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

These 60 Connecticut 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 five years and three months since March 6, 2009 through June 16, 2014, the equally-company-weighted average stock market prices of these same 60 Connecticut Companies have increased by a spectacular 416%, led mainly by United Rentals having its stock market price increase by 32 times and another 8 Connecticut Companies experiencing stock market price increases of more than 8.8 times each.

These 60 Connecticut Companies had their average stock market prices increase sharply again in the most recent month.  To illustrate this point, the average stock market prices of these same 60 Connecticut Companies had increased by a lower 393% in the five years and two months from March 6, 2009 through May 16, 2014, as compared with a much higher 416% increase in the five years and three months from March 6, 2009 through June 16, 2014.

To illustrate the overall operational excellence of these 60 Connecticut Companies, only 3 of them had their stock market prices decline in the five years and three months since March 6, 2009 through June 16, 2014.

Connecticut citizens should be extremely pleased with the outstanding performance of nearly all of their Connecticut Companies during the Obama Administration.

In similar fashion on the employment, 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 May 2014.

In like manner, Connecticut's unemployment rate increased sharply, going from 4.9% in December 2007 to 8.7% 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 Connecticut State unemployment rate declined markedly, going from 8.7% in October 2009 to 6.9% in the most recently reported April 2014.

Below here are the stock market prices of each of these 60 Connecticut Companies on June 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
Connecticut Company HQs
6-16-14 3-6-09 12-31-07 6-16-14 3-6-09



$s $s $s

United Rentals Greenwich CT      105.16      3.16    18.36 3228% -83%
priceline.com Norwalk CT   1,202.48    83.59  114.86 1339% -27%
Lydall Inc Manchester CT       27.65      2.04    10.52 1255% -81%
Photronics Brookfield CT         8.73      0.74    12.47 1080% -94%
XL Group plc Stamford CT       32.61      2.95    50.31 1005% -94%
Harman Intl Stamford CT      103.24      9.47    73.71 990% -87%
Webster Financial Waterbury CT       30.51      2.97    31.97 927% -91%
Alexion Phramaceuticals Cheshire CT      162.82    16.14    18.76 909% -14%
Hartford Financial Services Group Hartford CT       35.64      3.62    87.19 885% -96%
Hexcel Stamford CT       40.31      4.76    24.28 747% -80%
Starwood Hotels & Resorts Stamford CT       79.16      9.52    44.03 732% -78%
The Phoenix Companies Hartford CT       45.68      5.80  237.40 688% -98%
Gartner Stamford CT       69.58      8.94    17.56 678% -49%
Cigna Bloomfield CT       90.70    13.44    53.73 575% -75%
Aircastle Stamford CT       17.40      2.80    26.33 521% -89%
Sturm Ruger Southport CT       60.69    10.32      8.28 488% 25%
Genesee & Wyoming Darien CT      101.49    17.61    24.17 476% -27%
Crane Stamford CT       73.37    12.90    42.90 469% -70%
Zygo Middlefield CT       19.23      3.40    12.46 466% -73%
Achillion Pharmaceuticals New Haven CT         7.82      1.48      4.99 428% -70%
Hubbell Shelton CT      122.22    23.44    51.60 421% -55%
TransAct Technologies Hamden CT       10.39      2.04      4.79 409% -57%
Terex Westport  CT        38.37      7.63    65.57 403% -88%
RBC Bearings Oxford CT       62.57    12.59    43.46 397% -71%
Barnes Group Bristol  CT        38.39      8.01    33.39 379% -76%
Kaman Corp Bloomfield CT       42.34    10.29    36.81 311% -72%
Amphenol Wallington CT       96.48    23.71    46.37 307% -49%
Rogers Corp Rogers CT       64.04    16.04    43.37 299% -63%
Aetna Hartford CT       80.57    20.22    57.73 298% -65%
Independence Holding Stamford CT       13.70      3.59    11.50 282% -69%
General Electric Fairfield CT       26.82      7.06    37.07 280% -81%
Stanley Black & Decker New Britain CT       87.76    23.56    48.48 272% -51%
Ethan Allen Interiors Danbury CT       24.56      7.10    28.50 246% -75%
SI Financial Group Willimantic CT       11.54      3.54      9.84 226% -64%
EMCOR Group Norwalk CT       44.82    14.31    23.63 213% -39%
FactSet Research Systems Norwalk CT      113.01    36.88    55.70 206% -34%
United Technologies Hartford CT      116.87    38.54    76.54 203% -50%
Bolt Technology Norwalk CT       17.26      5.88    25.32 194% -77%
Xerox Norwalk CT       12.56      4.28    16.19 193% -74%
ATMI Inc Danbury CT       33.98    12.08    32.25 181% -63%
Star Gas Partners  LP Stamford CT         6.21      2.51      3.97 147% -37%
Compass Diversified Holdings Westport CT       17.46      7.35    14.90 138% -51%
Praxair Danbury CT      130.61    55.24    88.71 136% -38%
WR Berkley Greenwich CT       45.02    19.47    29.81 131% -35%
Silgan Holdings Stamford CT       48.66    23.85    25.97 104% -8%
Urstadt Biddle Properties Greenwich CT       20.29    10.37    15.50 96% -33%
United Financial Bancorp Glastonbury CT       13.62      6.97    12.20 95% -43%
Magellan Health Services Avon CT       62.36    32.84    46.63 90% -30%
Cenveo Stamford CT         3.40      1.83    17.47 86% -90%
Interactive Brokers Group Greenwich CT       23.15    13.37    32.32 73% -59%
NanoViricides West Haven CT         4.08      2.38      1.37 71% 74%
TRC Companies Windsor CT         4.57      2.70      8.00 69% -66%
Information Services Group Stamford CT         5.01      3.06      6.85 64% -55%
Pitney Bowes Stamford CT       27.35    18.02    38.04 52% -53%
Navigators Group Stamford CT       63.87    48.24    65.00 32% -26%
World Wrestling Entertainment Stamford CT       11.74      9.53    14.76 23% -35%
Blyth Inc Greenwich CT         8.28      8.20    21.94 1% -63%
Frontier Communications Stamford CT         5.69      5.86    12.73 -3% -54%
People's United Financial Bridgeport CT       14.81    16.87    17.80 -12% -5%
Revolution Lighting Technologies Stamford CT         2.27      6.60      4.90 -66% 35%








Average % Change all 60




416% -55%