Thursday, March 19, 2015

Connecticut Companies Stock Market Prices Up 456% Since March 6, 2009

Former US Fed Chair Ben Bernanke will be delivering a key economic presentation at the University of Southern Indiana in Evansville, Indiana on March 23, 2015.  It is open to the public and free of charge.

Thus, as a backdrop for this upcoming speech and continuing a much deserved tribute to Bernanke's key role in helping the US avoid a Deep, Prolonged Financial Depression, I think it would be helpful to update just what has been going on with Stock Market Prices for Companies in each US State since March 6, 2009, the lowest point for the overall US Stock Market resulting from the aftershocks of the horrific late 2008 US Financial Meltdown, through the most recent date March 19, 2015......a roughly six year period of time.

Long-term Audited Earnings From Continuing Operations Under US Generally Accepted Accounting Principles (GAAP) drive Long-Term Changes in Stock Market Prices.  These Company Earnings crashed with the late 2008 US Financial Meltdown and thus the linked Stock Market Prices of the related Companies also crashed.

But since the 2008 US Financial Meltdown, these Earnings have been consistently exceptional and thus the Stock Market Prices of the related Companies have also consistently exploded upwardly in the past six years.

This is the dilemma faced by the current US Fed ..... raise US interest rates or continue former US Fed Chair Ben Bernanke's economic policies which have continued to spur Company Earnings and thus also Company Stock Market Prices. 

I think the current US Fed should tweak Bernanke's economic policies some to try to more effectively deal with income and wealth inequality, but why in the world would you want to alter them significantly since they have been so incredibly successful?

And the US Congress, and frankly also US Companies,  just have to do a much better job addressing income and wealth inequality.

Nine of the 59 Connecticut Companies had more than Ten-Bag stock market price appreciation in the past 6 years.

Below here are the 59 Connecticut Headquartered Companies with Stock Market Caps now above $100 mil and which have had their common stocks trading from December 31, 2007, or early in 2008 for companies first going public then, through the most recent date March 19, 2015, or the date the Companies were sold, if they were sold since the beginning of 2014.






Market Market Market






Price Price Price






% % %






Change Change Change



Market Market Market 3-6-09 12-31-07 12-31-07



Price Price Price to to to
Connecticut HQs
3-19-15 3-6-09 12-31-07 3-19-15 3-6-09 3-19-15



$s $s $s











United Rentals Greenwich CT      88.48        3.16      18.36 2700% -83% 382%
Lydall Inc Manchester CT      32.27        2.04      10.52 1482% -81% 207%
Harman Intl Stamford CT     136.83        9.47      73.71 1345% -87% 86%
priceline.com Norwalk CT  1,176.32      83.59     114.86 1307% -27% 924%
XL Group plc Stamford CT      36.65        2.95      50.31 1142% -94% -27%
Webster Financial Waterbury CT      36.17        2.97      31.97 1118% -91% 13%
Hartford Financial Services Group Hartford CT      42.57        3.62      87.19 1076% -96% -51%
Alexion Phramaceuticals Cheshire CT     189.07      16.14      18.76 1071% -14% 908%
Photronics Brookfield CT        8.50        0.74      12.47 1049% -94% -32%
Hexcel Stamford CT      48.97        4.76      24.28 929% -80% 102%
Cigna Bloomfield CT     128.10      13.44      53.73 853% -75% 138%
The Phoenix Companies Hartford CT      54.50        5.80     237.40 840% -98% -77%
Gartner Stamford CT      81.73        8.94      17.56 814% -49% 365%
Starwood Hotels & Resorts Stamford CT      83.50        9.52      44.03 777% -78% 90%
Aircastle Stamford CT      22.71        2.80      26.33 711% -89% -14%
Achillion Pharmaceuticals New Haven CT      11.42        1.48        4.99 672% -70% 129%
Genesee & Wyoming Darien CT     103.81      17.61      24.17 489% -27% 329%
Zygo Middlefield CT      19.24        3.40      12.46 466% -73% 54%
Aetna Hartford CT     108.31      20.22      57.73 436% -65% 88%
Rogers Corp Rogers CT      82.99      16.04      43.37 417% -63% 91%
Amphenol Wallington CT      59.97      11.86      23.19 406% -49% 159%
RBC Bearings Oxford CT      63.64      12.59      43.46 405% -71% 46%
Barnes Group Bristol  CT       40.22        8.01      33.39 402% -76% 20%
Crane Stamford CT      63.55      12.90      42.90 393% -70% 48%
Sturm Ruger Southport CT      50.69      10.32        8.28 391% 25% 512%
Hubbell Shelton CT     110.05      23.44      51.60 369% -55% 113%
FactSet Research Systems Norwalk CT     156.45      36.88      55.70 324% -34% 181%
Kaman Corp Bloomfield CT      42.00      10.29      36.81 308% -72% 14%
Stanley Black & Decker New Britain CT      95.87      23.56      48.48 307% -51% 98%
Ethan Allen Interiors Danbury CT      27.65        7.10      28.50 289% -75% -3%
Bolt Technology Norwalk CT      21.99        5.88      25.32 274% -77% -13%
General Electric Fairfield CT      25.33        7.06      37.07 259% -81% -32%
Independence Holding Stamford CT      12.55        3.59      11.50 249% -69% 9%
Terex Westport  CT       26.16        7.63      65.57 243% -88% -60%
SI Financial Group Willimantic CT      12.12        3.54        9.84 242% -64% 23%
EMCOR Group Norwalk CT      45.18      14.31      23.63 216% -39% 91%
TRC Companies Windsor CT        8.49        2.70        8.00 214% -66% 6%
United Technologies Hartford CT     119.38      38.54      76.54 210% -50% 56%
Xerox Norwalk CT      12.84        4.28      16.19 200% -74% -21%
ATMI Inc Danbury CT      33.98      12.08      32.25 181% -63% 5%
Star Gas Partners  LP Stamford CT        6.98        2.51        3.97 178% -37% 76%
WR Berkley Greenwich CT      50.89      19.47      29.81 161% -35% 71%
Interactive Brokers Group Greenwich CT      34.10      13.37      32.32 155% -59% 6%
Silgan Holdings Stamford CT      57.66      23.85      25.97 142% -8% 122%
Compass Diversified Holdings Westport CT      16.67        7.35      14.90 127% -51% 12%
Urstadt Biddle Properties Greenwich CT      23.11      10.37      15.50 123% -33% 49%
Praxair Danbury CT     122.01      55.24      88.71 121% -38% 38%
The Eastern Co Naugatuck CT      19.99      10.00 18.34 100% -45% 9%
United Financial Bancorp Glastonbury CT      12.76        6.97      12.20 83% -43% 5%
World Wrestling Entertainment Stamford CT      16.32        9.53      14.76 71% -35% 11%
Navigators Group Stamford CT      78.29      48.24      65.00 62% -26% 20%
Pitney Bowes Stamford CT      23.25      18.02      38.04 29% -53% -39%
Frontier Communications Stamford CT        7.39        5.86      12.73 26% -54% -42%
Information Services Group Stamford CT        3.83        3.06        6.85 25% -55% -44%
NanoViricides West Haven CT        2.72        2.38        1.37 14% 74% 99%
Cenveo Stamford CT        2.04        1.83      17.47 11% -90% -88%
Blyth Inc Greenwich CT        7.94        8.20      43.88 -3% -81% -82%
People's United Financial Bridgeport CT      15.18      16.87      17.80 -10% -5% -15%
Revolution Lighting Technologies Stamford CT        1.10        6.60        4.90 -83% 35% -78%









Average % Change all 59 Connecticut Companies



456% -55% 86%