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 16, 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.
Fourteen of the 135 New York Non-Financial Companies had at least Ten-Bagger stock market price growth in the past six years. Seven of them had more than Twenty-Bagger growth. And one of them.....Keryk Biopharmaceuticals..... experienced a stock market price increase of more 118 times, but this eye-popping growth was much lower than the 152 times growth of only four and a half months ago.
Below here are the 135 New York Non-Financial 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 16, 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 | |||
| New York Company | HQs | 3-16-15 | 3-6-09 | 12-31-07 | 3-16-15 | 3-6-09 | 3-16-15 | |
| $s | $s | $s | ||||||
| Non-Financial Company | ||||||||
| Keryx Biopharmaceuticals | New York | NY | 13.17 | 0.11 | 8.40 | 11873% | -99% | 57% |
| Macquarie Infrastructure | New York | NY | 80.79 | 1.34 | 40.53 | 5929% | -97% | 99% |
| Regeneron Pharmaceuticals | Tarrytown | NY | 451.77 | 12.67 | 24.15 | 3466% | -48% | 1771% |
| G-III Apparel Group | New York | NY | 106.79 | 3.48 | 14.77 | 2969% | -76% | 623% |
| Sirius XM Holdings | New York | NY | 3.93 | 0.15 | 3.03 | 2610% | -95% | 30% |
| Standard Motor Products | Long Island City | NY | 40.11 | 1.61 | 8.16 | 2391% | -80% | 392% |
| Allied Motion Technologies | Amherst | NY | 27.46 | 1.29 | 4.65 | 2032% | -72% | 491% |
| Astronics | East Aurora | NY | 71.41 | 3.72 | 12.26 | 1819% | -70% | 482% |
| CBS Corp | New York | NY | 62.08 | 3.36 | 27.25 | 1748% | -88% | 128% |
| Kate Spade | New York | NY | 30.79 | 1.78 | 20.35 | 1630% | -91% | 51% |
| Lifetime Brands | Garden City | NY | 14.41 | 1.00 | 12.98 | 1341% | -92% | 11% |
| Revlon | New York | NY | 36.45 | 2.64 | 118.00 | 1281% | -98% | -69% |
| Newtek Business Services | New York | NY | 18.53 | 1.45 | 6.20 | 1178% | -77% | 199% |
| ANN Inc | New York | NY | 41.31 | 3.41 | 25.56 | 1111% | -87% | 62% |
| Hain Celestial Group | Lake Success | NY | 63.18 | 5.95 | 16.00 | 963% | -63% | 295% |
| Carrols Restaurant Group | Syracuse | NY | 8.00 | 0.77 | 2.53 | 938% | -70% | 216% |
| Harris Interactive | Rochester | NY | 2.03 | 0.20 | 4.26 | 916% | -95% | -52% |
| Constellation Brands | Victor | NY | 117.38 | 12.46 | 23.64 | 842% | -47% | 397% |
| 1-800-Flowers.com | Carle Place | NY | 12.63 | 1.37 | 8.73 | 822% | -84% | 45% |
| Prestige Brands Holdings | Tarrytown | NY | 41.30 | 4.49 | 7.48 | 820% | -40% | 452% |
| Time Warner Cable | New York | NY | 158.38 | 18.06 | 27.60 | 777% | -35% | 474% |
| Steven Madden | Long Island City | NY | 36.65 | 4.31 | 5.93 | 751% | -27% | 518% |
| Estee Lauder | New York | NY | 81.15 | 10.33 | 21.81 | 686% | -53% | 272% |
| Sirona Dental Systems | Long Island City | NY | 89.22 | 11.59 | 33.48 | 670% | -65% | 166% |
| Veeco Instruments | Plainview | NY | 31.72 | 4.16 | 16.70 | 663% | -75% | 90% |
| Hi-Tech Pharmacal | Amityville | NY | 43.49 | 5.78 | 9.71 | 653% | -41% | 348% |
| Twenty-First Century Fox | New York | NY | 34.35 | 4.69 | 18.09 | 633% | -74% | 90% |
| Reis | New York | NY | 25.69 | 3.52 | 7.68 | 630% | -54% | 235% |
| Foot Locker | New York | NY | 60.71 | 8.39 | 13.66 | 624% | -39% | 344% |
| Napco Security Technologies | Amityville | NY | 5.80 | 0.81 | 6.25 | 616% | -87% | -7% |
| TAL Intl Group | Purchase | NY | 39.98 | 5.59 | 22.77 | 615% | -75% | 76% |
| Inter Parfums | New York | NY | 29.82 | 4.19 | 11.98 | 612% | -65% | 149% |
| PVH Corp | New York | NY | 94.35 | 14.56 | 36.86 | 548% | -60% | 156% |
| Nathan's Famous | Jericho | NY | 74.55 | 11.75 | 17.47 | 534% | -33% | 327% |
| Sotheby's | New York | NY | 40.98 | 6.47 | 38.10 | 533% | -83% | 8% |
| JetBlue Airways | Long Island City | NY | 18.70 | 2.96 | 5.90 | 532% | -50% | 217% |
| Trans World Entertainment | Albany | NY | 3.67 | 0.59 | 4.90 | 522% | -88% | -25% |
| LivePerson | New York | NY | 11.30 | 1.86 | 5.34 | 508% | -65% | 112% |
| Castle Brands | New York | NY | 1.20 | 0.20 | 2.22 | 500% | -91% | -46% |
| Frequency Electronics | Mitchel Field | NY | 12.85 | 2.18 | 9.65 | 489% | -77% | 33% |
| Interpublic Group | New York | NY | 21.91 | 3.77 | 8.11 | 481% | -54% | 170% |
| The Jones Group | New York | NY | 14.99 | 2.74 | 15.99 | 447% | -83% | -6% |
| Exlservice Holdings | New York | NY | 35.59 | 6.65 | 23.08 | 435% | -71% | 54% |
| Minerals Technologies | New York | NY | 70.73 | 13.38 | 33.48 | 429% | -60% | 111% |
| Loral Space & Communications | New York | NY | 69.30 | 13.38 | 34.25 | 418% | -61% | 102% |
| Forest Laboratories | New York | NY | 99.00 | 19.12 | 36.45 | 418% | -48% | 172% |
| Tiffany | New York | NY | 85.77 | 17.21 | 46.03 | 398% | -63% | 86% |
| Viacom | New York | NY | 69.32 | 13.92 | 43.92 | 398% | -68% | 58% |
| IAC/InterActive | New York | NY | 67.56 | 14.11 | 26.92 | 379% | -48% | 151% |
| Iconix Brand Group | New York | NY | 34.22 | 7.16 | 19.66 | 378% | -64% | 74% |
| Pall Corp | Port Washington | NY | 102.79 | 21.72 | 40.32 | 373% | -46% | 155% |
| Intl Flavors & Fragrances | New York | NY | 118.99 | 25.58 | 48.13 | 365% | -47% | 147% |
| CONMED | Utica | NY | 51.57 | 11.69 | 23.11 | 341% | -49% | 123% |
| Balchem | New Hampton | NY | 56.20 | 12.93 | 14.92 | 335% | -13% | 277% |
| Atlas Air Worldwide | Purchase | NY | 46.41 | 10.71 | 54.22 | 333% | -80% | -14% |
| MSCI | New York | NY | 57.90 | 13.42 | 38.40 | 331% | -65% | 51% |
| Take-Two Interactive Software | New York | NY | 25.83 | 6.21 | 18.45 | 316% | -66% | 40% |
| Aceto | Port Washington | NY | 21.92 | 5.28 | 8.00 | 315% | -34% | 174% |
| Dice Holdings | New York | NY | 9.22 | 2.23 | 7.99 | 313% | -72% | 15% |
| Henry Schein | Melville | NY | 139.18 | 34.24 | 61.40 | 306% | -44% | 127% |
| Monro Muffler Brake | Rochester | NY | 63.78 | 15.70 | 12.99 | 306% | 21% | 391% |
| Moog Inc | East Aurora | NY | 74.58 | 18.51 | 45.81 | 303% | -60% | 63% |
| Scholastic Corp | New York | NY | 38.23 | 9.50 | 34.89 | 302% | -73% | 10% |
| Dealertrack Technologies | Lake Success | NY | 38.70 | 9.66 | 33.47 | 301% | -71% | 16% |
| Ralph Lauren | New York | NY | 129.70 | 32.54 | 61.79 | 299% | -47% | 110% |
| Arrow Electronics | Melville | NY | 60.72 | 15.59 | 39.28 | 289% | -60% | 55% |
| Hardinge | Elmira | NY | 11.42 | 2.96 | 16.78 | 286% | -82% | -32% |
| Time Warner | New York | NY | 85.45 | 22.41 | 49.53 | 281% | -55% | 73% |
| Bristol-Myers Squibb | New York | NY | 68.03 | 18.35 | 26.52 | 271% | -31% | 157% |
| Cablevision Systems | Bethpage | NY | 18.21 | 4.94 | 11.69 | 269% | -58% | 56% |
| Martha Stewart Living Omnimedia | New York | NY | 6.36 | 1.73 | 9.27 | 268% | -81% | -31% |
| Town Sports Intl | New York | NY | 6.25 | 1.71 | 9.56 | 265% | -82% | -35% |
| Coach | New York | NY | 41.42 | 11.80 | 30.58 | 251% | -61% | 35% |
| VOXX Intl | Hauppauge | NY | 8.06 | 2.32 | 12.40 | 247% | -81% | -35% |
| Omnicom Group | New York | NY | 77.99 | 22.57 | 47.53 | 246% | -53% | 64% |
| Columbus McKinnon | Amherst | NY | 24.03 | 7.10 | 32.62 | 238% | -78% | -26% |
| New York Times | New York | NY | 13.73 | 4.07 | 17.53 | 237% | -77% | -22% |
| CPI Aerostructures | Edgewood | NY | 12.03 | 3.75 | 8.70 | 221% | -57% | 38% |
| Graham Corp | Batavia | NY | 24.14 | 7.61 | 20.96 | 217% | -64% | 15% |
| XO Group | New York | NY | 16.78 | 5.62 | 15.94 | 199% | -65% | 5% |
| Gibraltar Industries | Buffalo | NY | 14.69 | 4.95 | 15.42 | 197% | -68% | -5% |
| Ascena Retail Group | Suffern | NY | 13.78 | 4.69 | 6.26 | 194% | -25% | 120% |
| BioScrip | Elmsford | NY | 4.28 | 1.48 | 7.73 | 189% | -81% | -45% |
| Anaren | East Syracuse | NY | 27.98 | 9.93 | 16.49 | 182% | -40% | 70% |
| Morgans Hotel Group | New York | NY | 7.30 | 2.68 | 19.28 | 172% | -86% | -62% |
| Pfizer | New York | NY | 34.44 | 12.73 | 22.73 | 171% | -44% | 52% |
| MSC Industrial Direct | Melville | NY | 73.40 | 27.43 | 40.47 | 168% | -32% | 81% |
| Griffon | New York | NY | 16.43 | 6.15 | 12.45 | 167% | -51% | 32% |
| Cinedigm | New York | NY | 1.53 | 0.60 | 4.47 | 155% | -87% | -66% |
| Alcoa | New York | NY | 13.29 | 5.22 | 36.55 | 155% | -86% | -64% |
| Computer Task Group | Buffalo | NY | 7.39 | 2.98 | 5.53 | 148% | -46% | 34% |
| Colgate-Palmolive | New York | NY | 69.02 | 28.03 | 38.98 | 146% | -28% | 77% |
| Paychex | Rochester | NY | 51.01 | 20.94 | 36.22 | 144% | -42% | 41% |
| ITT | White Plains | NY | 40.17 | 16.69 | 33.02 | 141% | -49% | 22% |
| Albany Molecular Research | Albany | NY | 19.00 | 7.94 | 14.38 | 139% | -45% | 32% |
| Medical Action Industries | Brentwood | NY | 13.78 | 5.87 | 20.85 | 135% | -72% | -34% |
| Corning | Corning | NY | 23.71 | 10.14 | 23.99 | 134% | -58% | -1% |
| L-3 Communications | New York | NY | 126.99 | 56.30 | 101.61 | 126% | -45% | 25% |
| Leucadia National | New York | NY | 23.78 | 10.56 | 45.82 | 125% | -77% | -48% |
| ABM Industries | New York | NY | 30.19 | 13.48 | 20.39 | 124% | -34% | 48% |
| National Fuel Gas Co | Williamsville | NY | 59.45 | 27.13 | 46.68 | 119% | -42% | 27% |
| Verizon Communications | New York | NY | 49.27 | 23.83 | 37.98 | 107% | -37% | 30% |
| Harbinger Group | New York | NY | 11.96 | 5.81 | 7.32 | 106% | -21% | 63% |
| Pepsico | Purchase | NY | 95.45 | 47.10 | 75.90 | 103% | -38% | 26% |
| BioSpecifics Technologies | Lynbrook | NY | 38.33 | 19.00 | 10.00 | 102% | 90% | 283% |
| Research Frontiers | Woodbury | NY | 5.48 | 2.75 | 10.00 | 99% | -73% | -45% |
| CA Technologies | Islandia | NY | 31.40 | 16.01 | 24.95 | 96% | -36% | 26% |
| IBM | Armonk | NY | 157.08 | 85.81 | 108.10 | 83% | -21% | 45% |
| AngioDynamics | Latham | NY | 18.10 | 10.30 | 19.04 | 76% | -46% | -5% |
| Travelzoo | New York | NY | 9.59 | 5.50 | 13.68 | 74% | -60% | -30% |
| Bunge | White Plains | NY | 79.53 | 47.88 | 116.41 | 66% | -59% | -32% |
| Universal American | White Plains | NY | 10.11 | 6.14 | 25.59 | 65% | -76% | -60% |
| HMS Holdings | New York | NY | 16.79 | 10.55 | 11.07 | 59% | -5% | 52% |
| Empire Resorts | Monticello | NY | 4.39 | 2.79 | 10.23 | 57% | -73% | -57% |
| Thomson Reuters | New York | NY | 40.18 | 26.92 | 40.75 | 49% | -34% | -1% |
| Barnes & Noble | New York | NY | 23.34 | 15.81 | 34.45 | 48% | -54% | -32% |
| Acorda Therapeutics | Ardsley | NY | 34.47 | 23.44 | 21.96 | 47% | 7% | 57% |
| Park Electrochemical | Melville | NY | 20.85 | 14.45 | 28.24 | 44% | -49% | -26% |
| Griffin Land & Nurseries | New York | NY | 31.77 | 24.04 | 36.50 | 32% | -34% | -13% |
| Seneca Foods | Marion | NY | 28.09 | 21.69 | 23.75 | 30% | -9% | 18% |
| Hess Corp | New York | NY | 69.33 | 54.74 | 100.86 | 27% | -46% | -31% |
| Systemax | Port Washington | NY | 13.17 | 10.40 | 20.32 | 27% | -49% | -35% |
| Progenics Pharmaceuticals | Tarrytown | NY | 6.20 | 5.75 | 18.07 | 8% | -68% | -66% |
| New York & Co | New York | NY | 2.20 | 2.10 | 6.38 | 5% | -67% | -66% |
| Scientific Games Corp | New York | NY | 11.36 | 10.89 | 33.25 | 4% | -67% | -66% |
| Monster Worldwide | New York | NY | 6.36 | 6.22 | 32.40 | 2% | -81% | -80% |
| Enzo Biochem | New York | NY | 3.06 | 3.08 | 12.74 | -1% | -76% | -76% |
| Neostem | New York | NY | 3.81 | 4.54 | 13.40 | -16% | -66% | -72% |
| Fuel Systems Solutions | New York | NY | 10.51 | 12.96 | 14.29 | -19% | -9% | -26% |
| Comtech Telecommunications | Melville | NY | 27.43 | 36.03 | 54.01 | -24% | -33% | -49% |
| Weight Watchers Intl | New York | NY | 10.13 | 18.37 | 45.18 | -45% | -59% | -78% |
| SIGA Technologies | New York | NY | 2.43 | 4.66 | 3.08 | -48% | 51% | -21% |
| Avon Products | New York | NY | 7.28 | 15.68 | 39.53 | -54% | -60% | -82% |
| Plug Power | Latham | NY | 2.75 | 7.10 | 39.50 | -61% | -82% | -93% |
| Aeropostale | New York | NY | 3.01 | 15.01 | 17.67 | -80% | -15% | -83% |
| Average % Change all 135 New York Non-Financial Companies | 562% | -57% | 88% | |||||
