The number of New Jersey Companies with stock market caps above $1 bil has significantly declined as compared to what it was during the Obama Administration.
The table below shows the US GAAP Pretax Income (Loss) From Continuing Operations for the first quarter of both 2020 and 2019 for each of these 56 New Jersey Companies.
| US | US | |||
| GAAP | GAAP | |||
| Pretax | Pretax | |||
| Income | Income | |||
| (Loss) | (Loss) | Better | ||
| First | First | (Worse) | ||
| Quarter | Quarter | % | ||
| New Jersey Largest Companies | 2020 | 2019 | Change | |
| Market Caps Above $1 Bil | City HQs | mils $ | mils $ | |
| Big Two New Jersey Drug Cos | ||||
| Johnson & Johnson (Market Cap of $378 Bil) | New Brunswick | 6,509 | 4,422 | 47% |
| Merck (Market Cap of $198 Bil) | Kenilworth | 3,838 | 3,067 | 25% |
| Total Big Two New Jersey Drug Cos | 10,347 | 7,489 | 38% | |
| New Jersey Cos With Market Caps of $10-70 Bil | ||||
| Becton Dickinson | Franklin Lakes | 200 | 3 | |
| Zoetis | Parsippany | 497 | 381 | |
| Automatic Data Processing | Roseland | 1,077 | 985 | |
| Cognizant Technology | Teaneck | 510 | 583 | |
| Verisk Analytics | Jersey City | 217 | 170 | |
| Prudential Financial | Newark | (338) | 1,140 | |
| Public Service Enterprise | Newark | 492 | 849 | |
| American Water Works | Camden | 159 | 152 | |
| Church & Dwight | Ewing | 299 | 225 | |
| Campbell Soup | Camden | 218 | 156 | |
| Quest Diagnostics | Secaucus | 118 | 213 | |
| Burlington Stores | Burlington | (539) | 94 | |
| Catalent | Somerset | 30 | 43 | |
| Total 13 New Jersey Cos Market Caps of $10-70 Bil | 2,940 | 4,994 | -41% | |
| New Jersey Cos With Market Caps $1-10 Bil | ||||
| Everest Re Group Ltd | Liberty Corner | (44) | 415 | |
| Immunomedics | Morris Plains | (93) | (87) | |
| NRG Energy | Princeton | 144 | 98 | |
| Universal Display | Ewing | 47 | 37 | |
| Bausch Health | Bridgewater,NJ/Quebec,Canada | (178) | (122) | |
| Newell Brands | Hoboken,NJ/Atlanta,GA | (1,483) | (94) | |
| Clearway Energy | Princeton | (129) | (54) | |
| Wyndham Hotels & Resorts | Parsippany | 31 | 26 | |
| Integra Lifesciences Holdings | Plainsboro | 11 | 25 | |
| Amicus Therapeutics | Cranbury | (89) | (120) | |
| PTC Therapeutics | South Plainfield | (112) | (72) | |
| Freshpet | Secaucus | (4) | (3) | |
| Valley National Bancorp | Wayne, NJ/New York/NY | 116 | 171 | |
| Selective Insurance Group | Branchville | 16 | 74 | |
| New Jersey Resources | Wall | 83 | 67 | |
| Insmed | Bridgewater | (66) | (74) | |
| Vonage Holdings | Holmdel | (4) | (11) | |
| J&J Snack Foods | Pennsauken | 11 | 28 | |
| South Jersey Industries | Folsom | 132 | 108 | |
| CIT Group | Livingston | (697) | 157 | |
| John Wiley & Sons | Hoboken | (168) | 77 | |
| Investors Bancorp | Short Hills | 54 | 67 | |
| Pacira Pharmaceuticals | Parsippany | 8 | (3) | |
| Cantel Medical | Little Falls | 12 | 12 | |
| Commvault Systems | Tinton Falls | (1) | 2 | |
| Avis Budget Group | Parsippany | (265) | (136) | |
| Columbia Financial | Fair Lawn | 9 | 18 | |
| Essential Properties Realty Trust | Princeton | 14 | 9 | |
| B&G Foods | Parsippany | 35 | 22 | |
| PBF Energy | Parsippany | (1,437) | 322 | |
| Mack-Cali Realty | Jersey City | (32) | 267 | |
| Monmouth RE Investment Corp | Freehold | (68) | 28 | |
| Tabula Rasa Health Care | Moorestown | (18) | (15) | |
| Phathom Pharmaceuticals | Florham Park | (20) | (1) | |
| Alexander's Inc | Paramus | 5 | 18 | |
| Bed Bath & Beyond | Union | (97) | (312) | |
| Urban Edge Properties | Paramus | 51 | 28 | |
| Covanta Holding | Morristown | (38) | 7 | |
| Middlesex Water Co | Iselin | 6 | 6 | |
| OceanFirst Financial | Toms River | 21 | 26 | |
| Phibro Animal Health | Teaneck | 19 | 20 | |
| Total 41 New Jersey Cos With Market Caps of $1-10 Bil | (4,218) | 1,031 | -509% | |
| Total all 56 New Jersey Cos | 9,069 | 13,514 | -33% |
US Presidential candidate Joe Biden and Barack Obama are holding a joint virtual grassroots fundraiser today Tuesday June 23, 2020 at 5:15 PM Eastern time.
