Sunday, June 21, 2015

New Jersey 16 Largest Health Care Company Stock Market Prices Up 507% Since March 6, 2009 Under ACA ..... If US Supreme Court Rules To Eliminate Premium Subsidies in 34 US States, a Very Significant Portion of US Citizen Wealth Appreciation Will Be Reversed

From a very thorough review of SEC filings and the Google Finance Website, I found 16 Health Care Companies headquartered in the State of New Jersey with Stock Market Capitalizations of at least $1 bil now, or on their date sold for those sold in 2015, and which also have had their common stocks trading from December 31, 2007 through the most recent date June 19, 2015, or the date the company was sold for the 2 Companies sold in 2015.

These 16 largest New Jersey Health Care Companies have seen their equal-company-weighted average stock market prices increase by an impressive 507% for the six years and three and a half months from March 6, 2009 through the most recent date June 19, 2015.

The US Supreme Court is finalizing its position on King vs Burwell.  If it rules to eliminate health insurance premium subsidies in 34 US States, the economic result on US Citizen Stock Market Portfolios will be a huge haircut, especially since just these 16 largest New Jersey Health Care Companies presently have a Total Stock Market Capitalization of a massive $729 bil buoyed by the many additional health care customers in the Health Insurance Exchanges under the ACA, coupled with the fact that the average stock market price appreciation of these 16 largest New Jersey Health Care Companies has been 507% since March 6, 2009.

Below here are stock market prices on the most recent date June 19, 2015, or on the date sold for the 2 Companies sold in 2015, and on March 6, 2009 for these 16 largest New Jersey Headquartered Health Care Companies, along with the related Stock Market Price Percentage Changes.  The Companies are presented by Stock Market Capitalization:



% Change

Market Market 3-6-09

Price Price to
Health Care Companies HQs 6-19-15 3-6-09 6-19-15

$s $s
New Jersey

Johnson & Johnson New Brunswick NJ         99.86         47.97 108%
Merck Whitehouse Station NJ         58.04         22.74 155%
Allergan plc (was Actavis) Parsippany NJ       302.37         26.36 1047%
Celgene Summit NJ       117.22         20.58 470%
Becton Dickinson Franklin Lakes NJ       141.83         64.15 121%
CR Bard Murray Hill NJ       171.85         72.38 137%
Quest Diagnostics Madison NJ         73.34         44.41 65%
Covance Princeton NJ       106.42         34.50 208%
NPS Pharmaceuticals Bedminster NJ         45.97           4.06 1032%
Integra LifeSciences Plainsboro NJ         67.58         20.29 233%
Cantel Medical Little Falls NJ         53.14           5.40 885%
The Medicines Company Parsippany NJ         29.34           9.33 214%
Amicus Therapeutics Cranbury NJ         13.49           7.26 86%
Insmed  Monmouth Junction NJ         24.66           8.70 183%
Cambrex East Rutherford NJ         44.77           1.50 2885%
Bio-Reference Laboratories Elmwood Park NJ         39.77         10.64 274%

Average % Change all 16 New Jersey Health Care Companies With Market Cap > $1 Bil507%