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.
Ohio Companies spectacular 619% average stock market price increase in the past six years is the highest so far of all US States with at least 100 Companies included in the latter part of the alphabet (O-Z).
Sixteen of the 105 Ohio Companies had at least Ten-Bagger average stock market price growth in the past six years. Four of them had more than Thirty-Bagger growth. And one of them.....Auto Supplier Dana Holding.....had Ninety-Bagger growth.
Below here are the 105 Ohio 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 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 | |||
| Ohio Company | HQs | 3-16-15 | 3-6-09 | 12-31-07 | 3-16-15 | 3-6-09 | 3-16-15 | |
| $s | $s | $s | ||||||
| Dana Holding | Maumee | OH | 20.93 | 0.23 | 12.70 | 9000% | -98% | 65% |
| Air Transport Services Group | Wilmington | OH | 8.91 | 0.22 | 4.18 | 3950% | -95% | 113% |
| Libbey Inc | Toledo | OH | 37.28 | 0.96 | 15.84 | 3783% | -94% | 135% |
| EW Scripps | Cincinnati | OH | 26.26 | 0.79 | 31.19 | 3224% | -97% | -16% |
| PolyOne Corp | Avon Lake | OH | 37.64 | 1.39 | 6.58 | 2608% | -79% | 472% |
| Park-Ohio Holdings | Cleveland | OH | 49.00 | 1.99 | 25.10 | 2362% | -92% | 95% |
| AtriCure | West Chester | OH | 19.66 | 1.25 | 13.11 | 1473% | -90% | 50% |
| Fifth Third Bancorp | Cincinnati | OH | 19.25 | 1.29 | 25.13 | 1392% | -95% | -23% |
| L Brands | Columbus | OH | 92.10 | 6.26 | 18.93 | 1371% | -67% | 387% |
| Glimcher Realty Trust | Columbus | OH | 14.06 | 1.08 | 14.29 | 1202% | -92% | -2% |
| Ferro Corp | Mayfield Heights | OH | 12.54 | 0.97 | 20.73 | 1193% | -95% | -40% |
| Commercial Vehicle Group | New Albany | OH | 5.95 | 0.47 | 14.50 | 1166% | -97% | -59% |
| DDR Corp | Beachwood | OH | 18.48 | 1.52 | 38.29 | 1116% | -96% | -52% |
| Core Molding Technologies | Columbus | OH | 14.82 | 1.28 | 7.06 | 1058% | -82% | 110% |
| Cooper Tire & Rubber | Findlay | OH | 38.92 | 3.44 | 16.58 | 1031% | -79% | 135% |
| United Community Financial | Youngstown | OH | 5.33 | 0.48 | 5.37 | 1010% | -91% | -1% |
| Nacco Industries | Cleveland | OH | 52.44 | 4.78 | 31.76 | 998% | -85% | 65% |
| Huntington Bancshares | Columbus | OH | 11.14 | 1.02 | 14.76 | 992% | -93% | -25% |
| DSW Inc | Columbus | OH | 36.85 | 3.47 | 9.38 | 963% | -63% | 293% |
| Shilo Industries | Valley City | OH | 14.14 | 1.37 | 9.85 | 932% | -86% | 44% |
| OMNOVA Solutions | Fairlawn | OH | 8.04 | 0.82 | 4.41 | 880% | -81% | 82% |
| Macy's | Cincinnati | OH | 64.13 | 6.94 | 25.87 | 824% | -73% | 148% |
| Cedar Fair LP | Sandusky | OH | 55.24 | 6.00 | 21.13 | 821% | -72% | 161% |
| Travel Centers of America | Westlake | OH | 15.71 | 1.82 | 12.50 | 763% | -85% | 26% |
| Rex American Resources | Dayton | OH | 57.95 | 6.86 | 15.77 | 745% | -56% | 267% |
| First Defiance Financial | Defiance | OH | 32.73 | 4.24 | 22.02 | 672% | -81% | 49% |
| Rocky Brands | Nelsonville | OH | 20.97 | 2.80 | 6.13 | 649% | -54% | 242% |
| Owens Corning | Toledo | OH | 38.57 | 5.33 | 20.22 | 624% | -74% | 91% |
| Nordson | Westlake | OH | 76.80 | 10.62 | 28.98 | 624% | -63% | 165% |
| Goodyear Tire & Rubber | Akron | OH | 25.31 | 3.51 | 28.22 | 621% | -88% | -10% |
| TransDigm Group | Cleveland | OH | 217.14 | 30.94 | 45.17 | 602% | -32% | 381% |
| Mettler-Toledo | Columbus | OH | 320.73 | 47.40 | 113.80 | 577% | -58% | 182% |
| Sherwin-Williams | Cleveland | OH | 288.14 | 42.98 | 58.04 | 570% | -26% | 396% |
| CECO Environmental | Cincinnati | OH | 12.03 | 1.86 | 10.98 | 547% | -83% | 10% |
| Stoneridge | Warren | OH | 11.35 | 1.79 | 8.04 | 534% | -78% | 41% |
| Forest City Enterprises | Cleveland | OH | 25.13 | 4.02 | 44.44 | 525% | -91% | -43% |
| Chart Industries | Garfield Heights | OH | 33.00 | 5.57 | 30.90 | 492% | -82% | 7% |
| Cardinal Health | Dublin | OH | 89.98 | 15.37 | 29.77 | 485% | -48% | 202% |
| Multi-Color Corp | Batavia | OH | 68.32 | 12.18 | 27.47 | 461% | -56% | 149% |
| Myers Industries | Akron | OH | 18.71 | 3.35 | 14.47 | 459% | -77% | 29% |
| RPM Intl | Medinah | OH | 48.08 | 9.24 | 20.30 | 420% | -54% | 137% |
| Athersys | Cleveland | OH | 2.98 | 0.58 | 4.91 | 414% | -88% | -39% |
| Pacer Intl | Dublin | OH | 8.90 | 1.76 | 14.60 | 406% | -88% | -39% |
| American Financial Group | Cincinnati | OH | 64.54 | 13.13 | 28.88 | 392% | -55% | 123% |
| Lincoln Electric Holdings | Cleveland | OH | 66.63 | 13.66 | 35.59 | 388% | -62% | 87% |
| Diamond Hill Investment Group | Columbus | OH | 147.84 | 31.78 | 73.10 | 365% | -57% | 102% |
| Cintas | Cincinnati | OH | 85.37 | 18.46 | 33.62 | 362% | -45% | 154% |
| Associated Estates Realty | Richmond Heights | OH | 24.26 | 5.35 | 9.44 | 353% | -43% | 157% |
| M/I Homes | Columbus | OH | 22.33 | 5.09 | 10.50 | 339% | -52% | 113% |
| Eaton Corp PLC | Cleveland | OH | 67.79 | 15.56 | 48.48 | 336% | -68% | 40% |
| Parker-Hannifin | Cleveland | OH | 120.04 | 28.63 | 75.31 | 319% | -62% | 59% |
| Timken | Canton | OH | 41.82 | 10.04 | 32.85 | 317% | -69% | 27% |
| SIFCO Industries | Cleveland | OH | 21.07 | 5.10 | 16.80 | 313% | -70% | 25% |
| Convergys | Cincinnati | OH | 22.36 | 5.70 | 16.46 | 292% | -65% | 36% |
| Kroger | Cincinnati | OH | 77.05 | 19.85 | 26.71 | 288% | -26% | 188% |
| LNB Bancorp | Lorraine | OH | 17.71 | 4.99 | 14.65 | 255% | -66% | 21% |
| Worthington Industries | Columbus | OH | 25.51 | 7.27 | 17.88 | 251% | -59% | 43% |
| A. Schulman | Fairlawn | OH | 43.92 | 12.56 | 21.55 | 250% | -42% | 104% |
| The Andersons | Maumee | OH | 39.41 | 11.55 | 44.80 | 241% | -74% | -12% |
| RG Barry Corp | Pickerington | OH | 18.98 | 5.58 | 7.05 | 240% | -21% | 169% |
| Chemed | Cincinnati | OH | 116.40 | 35.30 | 55.88 | 230% | -37% | 108% |
| Steris | Mentor | OH | 67.96 | 20.61 | 28.84 | 230% | -29% | 136% |
| Omnicare | Cincinnati | OH | 76.78 | 23.35 | 22.81 | 229% | 2% | 237% |
| JM Smucker | Orrville | OH | 111.78 | 35.01 | 51.44 | 219% | -32% | 117% |
| Navidea Biopharmaceuticals | Dublin | OH | 1.67 | 0.53 | 0.29 | 215% | 83% | 476% |
| First Financial Bancorp | Cincinnati | OH | 17.77 | 5.66 | 11.40 | 214% | -50% | 56% |
| Peoples Bancorp | Marietta | OH | 23.42 | 7.73 | 24.89 | 203% | -69% | -6% |
| Materion | Mayfield Heights | OH | 36.79 | 12.16 | 37.02 | 203% | -67% | -1% |
| Gorman-Rupp | Mansfield | OH | 28.73 | 9.88 | 19.97 | 191% | -51% | 44% |
| Applied Industrial Technologies | Cleveland | OH | 43.42 | 14.97 | 29.02 | 190% | -48% | 50% |
| Cincinnati Financial | Fairfield | OH | 53.67 | 18.57 | 39.54 | 189% | -53% | 36% |
| Big Lots | Columbus | OH | 50.17 | 17.51 | 15.99 | 187% | 10% | 214% |
| Bob Evans Farms | Columbus | OH | 47.11 | 16.86 | 26.93 | 179% | -37% | 75% |
| Health Care REIT | Toledo | OH | 75.20 | 27.27 | 44.69 | 176% | -39% | 68% |
| KeyCorp | Cleveland | OH | 14.59 | 5.36 | 23.45 | 172% | -77% | -38% |
| Scotts Miracle-Gro | Marysville | OH | 68.62 | 25.83 | 37.42 | 166% | -31% | 83% |
| Wendy's | Dublin | OH | 10.83 | 4.10 | 8.73 | 164% | -53% | 24% |
| Teradata | Dayton | OH | 42.19 | 16.01 | 27.41 | 164% | -42% | 54% |
| Progressive | Mayfield Village | OH | 26.98 | 10.32 | 19.16 | 161% | -46% | 41% |
| LCA-Vision | Cincinnati | OH | 5.37 | 2.07 | 19.97 | 159% | -90% | -73% |
| LSI Industries | Cincinnati | OH | 7.70 | 3.32 | 18.20 | 132% | -82% | -58% |
| Owens-Illinois | Perrysburg | OH | 23.20 | 10.13 | 49.50 | 129% | -80% | -53% |
| Lancaster Colony | Columbus | OH | 89.94 | 39.63 | 39.70 | 127% | 0% | 127% |
| Cincinnati Bell | Cincinnati | OH | 3.54 | 1.65 | 4.75 | 115% | -65% | -25% |
| Park National | Newark | OH | 84.95 | 42.15 | 64.50 | 102% | -35% | 32% |
| Farmers National Banc | Canfield | OH | 7.99 | 3.99 | 7.70 | 100% | -48% | 4% |
| OM Group | Cleveland | OH | 28.57 | 14.35 | 57.54 | 99% | -75% | -50% |
| National Interstate | Richfield | OH | 27.43 | 14.34 | 33.10 | 91% | -57% | -17% |
| Procter & Gamble | Cincinnati | OH | 83.56 | 45.71 | 73.42 | 83% | -38% | 14% |
| Diebold | North Canton | OH | 33.85 | 19.92 | 28.98 | 70% | -31% | 17% |
| Preformed Line Products | Mayfield Village | OH | 44.20 | 28.26 | 59.97 | 56% | -53% | -26% |
| State Auto Financial | Columbus | OH | 23.54 | 15.12 | 26.30 | 56% | -43% | -10% |
| FirstMerit | Akron | OH | 19.18 | 12.82 | 19.86 | 50% | -35% | -3% |
| Greif | Delaware | OH | 39.72 | 26.54 | 65.37 | 50% | -59% | -39% |
| Frisch's Restaurants | Cincinnati | OH | 28.73 | 19.50 | 23.40 | 47% | -17% | 23% |
| Farmers and Merchants Bancorp | Archbold | OH | 26.50 | 18.75 | 20.25 | 41% | -7% | 31% |
| CBIZ Inc | Cleveland | OH | 8.99 | 6.61 | 9.81 | 36% | -33% | -8% |
| TFS Financial | Cleveland | OH | 14.55 | 11.30 | 11.94 | 29% | -5% | 22% |
| Invacare | Elyria | OH | 18.59 | 14.96 | 25.20 | 24% | -41% | -26% |
| Olympic Steel | Bedford Heights | OH | 13.34 | 11.21 | 31.71 | 19% | -65% | -58% |
| Abercrombie & Fitch | New Albany | OH | 20.51 | 17.49 | 79.97 | 17% | -78% | -74% |
| Meridian Bioscience | Cincinnati | OH | 19.84 | 17.86 | 30.08 | 11% | -41% | -34% |
| GrafTech Intl | Parma | OH | 4.02 | 5.25 | 17.75 | -23% | -70% | -77% |
| AK Steel Holding | West Chester | OH | 3.94 | 6.09 | 46.24 | -35% | -87% | -91% |
| Cliffs Natural Resources | Cleveland | OH | 4.87 | 13.00 | 25.20 | -63% | -48% | -81% |
| Average % Change all 105 | 619% | -59% | 67% |
