- 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 13, 2014
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 five years and three months since March 6, 2009 through June 17, 2014, the equal-company-weighted average stock market prices of these same 91 New Jersey Companies have increased by a very impressive 389%.
Three of these 91 New Jersey Companies had their stock market prices increase by more than 20 times and another 5 of them had their stock market prices increase by more than 10 times, both in the five years and three months since March 6, 2009 through June 17, 2014.
These 91 New Jersey Companies had their average stock market prices increase very nicely in the most recent month. To illustrate this point, the average stock market prices of these same 91 New Jersey Companies had increased by a lower 370% in the five years and two months from March 6, 2009 through May 13, 2014, as compared with a much higher 389% increase in the five years and three months from March 6, 2009 through June 17, 2014.
To illustrate the overall flat-out operational excellence of these 91 New Jersey Companies, only 3 of them had their stock market prices decline in the five years and three months since March 6, 2009 through June 17, 2014.
New Jersey citizens should be extremely pleased with the outstanding performance of nearly all of their New Jersey Companies during the Obama Administration.
In similar fashion on the employment front, 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, 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 June 17, 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 | 6-17-14 | 3-6-09 | 12-31-07 | 6-17-14 | 3-6-09 | |
$s | $s | $s | |||||
IDT Corp | Newark | NJ | 18.06 | 0.59 | 8.45 | 2942% | -93% |
Wyndham Worldwide | Parsippany | NJ | 72.65 | 2.92 | 23.56 | 2388% | -88% |
Protalex | Summit | NJ | 8.00 | 0.38 | 6.50 | 2033% | -94% |
Rockwood Holdings | Princeton | NJ | 75.94 | 4.65 | 33.22 | 1533% | -86% |
SL Industries | Mount Laurel | NJ | 30.80 | 2.20 | 20.00 | 1300% | -89% |
Cambrex | East Rutherford | NJ | 20.71 | 1.50 | 8.38 | 1281% | -82% |
WABCO Holdings | Piscataway | NJ | 107.45 | 8.45 | 50.09 | 1172% | -83% |
Hertz Global Holdings | Park Ridge | NJ | 27.03 | 2.24 | 15.89 | 1107% | -86% |
Heartland Payment Systems | Princeton | NJ | 42.32 | 4.03 | 26.80 | 950% | -85% |
IGI Laboratories | Buena | NJ | 5.86 | 0.57 | 1.41 | 928% | -60% |
Cytec Industries | Woodland Park | NJ | 101.17 | 10.99 | 61.58 | 821% | -82% |
Vonage Holdings | Holmdel | NJ | 3.49 | 0.38 | 2.30 | 818% | -83% |
Antares Pharma | Ewing | NJ | 3.16 | 0.36 | 0.98 | 778% | -63% |
B&G Foods | Parsippany | NJ | 33.86 | 3.99 | 10.21 | 749% | -61% |
Actavis | Parsippany | NJ | 215.06 | 26.36 | 27.14 | 716% | -3% |
NPS Pharmaceuticals | Bedminster | NJ | 33.10 | 4.06 | 3.83 | 715% | 6% |
Movado Group | Paramus | NJ | 39.76 | 5.04 | 25.29 | 689% | -80% |
Prudential Financial | Newark | NJ | 89.36 | 11.38 | 93.04 | 685% | -88% |
Hovnanian Enterprises | Red Bank | NJ | 4.42 | 0.58 | 7.17 | 662% | -92% |
Elite Pharmaceuticals | Northvale | NJ | 0.38 | 0.05 | 2.16 | 662% | -98% |
Innophos Holdings | Cranbury | NJ | 56.09 | 8.24 | 14.88 | 581% | -45% |
Ingersoll-Rand | Piscataway | NJ | 63.02 | 9.45 | 37.09 | 567% | -75% |
Cantel Medical | Little Falls | NJ | 35.57 | 5.40 | 6.48 | 559% | -17% |
Marlin Business Services Corp | Mount Laurel | NJ | 18.00 | 2.92 | 12.06 | 516% | -76% |
Asta Funding | Englewood Cliffs | NJ | 8.47 | 1.46 | 26.44 | 480% | -94% |
Universal Display | Ewing | NJ | 30.82 | 5.36 | 20.67 | 475% | -74% |
Cognizant Technology Solutions | Teaneck | NJ | 48.50 | 9.15 | 16.97 | 430% | -46% |
Tyco Intl | Princeton | NJ | 46.00 | 8.84 | 19.48 | 420% | -55% |
Rudolph Technologies | Flanders | NJ | 9.91 | 2.03 | 11.32 | 388% | -82% |
CommVault Systems | Oceanport | NJ | 49.45 | 10.51 | 21.18 | 370% | -50% |
Honeywell | Morristown | NJ | 94.30 | 23.60 | 61.57 | 300% | -62% |
Immunomedics | Morris Plains | NJ | 3.76 | 0.95 | 2.32 | 296% | -59% |
Celgene | Summit | NJ | 159.87 | 41.16 | 46.21 | 288% | -11% |
Synchronoss Technologies | Bridgewater | NJ | 34.54 | 9.06 | 35.44 | 281% | -74% |
Investors Bancorp | Short Hills | NJ | 26.83 | 7.07 | 14.14 | 279% | -50% |
Arch Capital Group Ltd | Jersey City | NJ | 57.44 | 15.93 | 23.45 | 261% | -32% |
ORBCOMM | Rochelle Park | NJ | 6.37 | 1.77 | 6.29 | 260% | -72% |
Sealed Air | Elmwood Park | NJ | 34.30 | 10.64 | 23.14 | 222% | -54% |
Bed Bath & Beyond | Union | NJ | 60.55 | 19.52 | 29.39 | 210% | -34% |
The Medicines Company | Parsippany | NJ | 28.36 | 9.33 | 19.16 | 204% | -51% |
AEP Industries | South Hackensack | NJ | 36.63 | 12.06 | 32.01 | 204% | -62% |
J&J Snack Foods | Pennsauken | NJ | 93.14 | 30.99 | 31.28 | 201% | -1% |
Church & Dwight | Ewing | NJ | 69.43 | 23.43 | 27.04 | 196% | -13% |
Curtiss-Wright | Parsippany | NJ | 67.11 | 23.26 | 37.08 | 189% | -37% |
Bel Fuse | Jersey City | NJ | 26.04 | 9.22 | 29.27 | 182% | -69% |
Bio-Reference Laboratories | Elmwood Park | NJ | 29.63 | 10.64 | 16.34 | 179% | -35% |
Center Bancorp | Union | NJ | 19.00 | 7.02 | 11.06 | 171% | -37% |
Boulder Brands | Paramus | NJ | 14.79 | 5.57 | 10.93 | 166% | -49% |
Alexander's | Paramus | NJ | 362.88 | 137.82 | 353.25 | 163% | -61% |
Chubb | Warren | NJ | 93.49 | 35.73 | 54.58 | 162% | -35% |
Everest Re Group Ltd | Liberty Corner | NJ | 159.90 | 61.84 | 100.40 | 159% | -38% |
Hill Intl | Marlton | NJ | 6.59 | 2.57 | 14.17 | 156% | -82% |
Merck | Whitehouse Station | NJ | 58.06 | 22.74 | 58.11 | 155% | -61% |
Covance | Princeton | NJ | 86.34 | 34.50 | 86.62 | 150% | -60% |
The Children's Place | Secaucus | NJ | 50.01 | 20.14 | 25.93 | 148% | -22% |
Automatic Data Processing | Roseland | NJ | 78.22 | 33.28 | 44.53 | 135% | -25% |
Selective Insurance Group | Branchville | NJ | 24.88 | 10.61 | 22.99 | 134% | -54% |
Integra LifeSciences | Plainsboro | NJ | 47.30 | 20.29 | 41.93 | 133% | -52% |
Foster Wheeler | Clinton | NJ | 34.50 | 15.15 | 77.51 | 128% | -80% |
PHH Corp | Mount Laurel | NJ | 23.01 | 10.19 | 17.64 | 126% | -42% |
Checkpoint Systems | Thorofare | NJ | 14.27 | 6.41 | 25.98 | 123% | -75% |
Provident Financial Services | Jersey City | NJ | 17.58 | 8.15 | 14.42 | 116% | -43% |
Oritani Financial | Washington Township | NJ | 15.33 | 7.15 | 8.20 | 114% | -13% |
Johnson & Johnson | New Brunswick | NJ | 101.93 | 47.97 | 66.70 | 112% | -28% |
John Wiley & Sons | Hoboken | NJ | 60.10 | 28.37 | 42.84 | 112% | -34% |
OceanFirst Financial | Toms River | NJ | 16.25 | 7.75 | 15.81 | 110% | -51% |
Northfield Bancorp | Woodbridge | NJ | 13.08 | 6.36 | 7.71 | 106% | -18% |
Lakeland Bancorp | Oak Ridge | NJ | 10.55 | 5.53 | 10.51 | 91% | -47% |
CR Bard | Murray Hill | NJ | 137.74 | 72.38 | 94.80 | 90% | -24% |
UMH Properties | Freehold | NJ | 9.82 | 5.25 | 11.77 | 87% | -55% |
Kearny Financial | Fairfield | NJ | 15.07 | 8.06 | 11.91 | 87% | -32% |
Monmouth Real Estate Investment | Freehold | NJ | 9.37 | 5.09 | 8.10 | 84% | -37% |
Becton Dickinson | Franklin Lakes | NJ | 117.73 | 64.15 | 83.58 | 84% | -23% |
Peapack-Gladstone Financial | Bedminster | NJ | 20.31 | 11.33 | 23.40 | 79% | -52% |
Campbell Soup | Camden | NJ | 45.69 | 26.55 | 35.73 | 72% | -26% |
Clifton Savings Bancorp | Clifton | NJ | 12.49 | 8.26 | 9.80 | 51% | -16% |
Covanta Holding | Morristown | NJ | 20.20 | 13.42 | 27.66 | 51% | -51% |
Mack-Cali Realty | Edison | NJ | 21.86 | 14.63 | 34.00 | 49% | -57% |
Suburban Propane Partners LP | Whippany | NJ | 47.39 | 32.06 | 40.50 | 48% | -21% |
Cape Bancorp | Cape May Court House | NJ | 10.34 | 7.00 | 22.05 | 48% | -68% |
Dun & Bradstreet | Short Hills | NJ | 105.73 | 71.76 | 88.63 | 47% | -19% |
Insmed | Monmouth Junction | NJ | 12.47 | 8.70 | 8.30 | 43% | 5% |
BCB Bancorp | Bayonne | NJ | 13.45 | 9.49 | 15.55 | 42% | -39% |
Valley National Bancorp | Wayne | NJ | 10.08 | 7.40 | 14.93 | 36% | -50% |
Quest Diagnostics | Madison | NJ | 58.57 | 44.41 | 52.90 | 32% | -16% |
Hudson City Bancorp | Paramus | NJ | 9.95 | 8.80 | 15.02 | 13% | -41% |
Sun Bancorp | Vineland | NJ | 3.83 | 3.43 | 14.31 | 12% | -76% |
North European Oil Royalty Trust | Red Bank | NJ | 23.67 | 22.36 | 34.02 | 6% | -34% |
Village Super Market | Springfield | NJ | 23.74 | 25.75 | 25.45 | -8% | 1% |
Anadigics | Warren | NJ | 1.19 | 1.50 | 11.57 | -21% | -87% |
Amicus Therapeutics | Cranbury | NJ | 2.75 | 7.26 | 10.75 | -62% | -32% |
Average % Change all 91 | 389% | -51% |