2012 CE Stock Winners & Losers
Among 37 public companies involved the custom electronics space, 23 had stock price growth in 2012. Overall, CE companies' stocks end the year up 37%.
2012 proved to be a positive year for many publicly-traded suppliers and service providers involved in the custom electronics industry. Overall, among 37 companies tracked by CE Pro, there was a 37 percent increase in stock price. Twenty-three companies had price increases, while 14 reported lower stock prices than in 2011.
The biggest winner of the year was Nortek, owners of multiple brands in the custom installation space. The company’s CORE Brands reorganization helped balloon its stock price an incredible 151 percent in one year, from $26.49 to $66.43.
Samsung also saw its stock price climb 62 percent last year, confounding the trend for other flat panel makers. Of course, the South Korean company is involved in many more industries than just consumer electronics, including appliances, automobiles, and other machinery. So the stock price growth is not necessarily reflective of its TV business.
Indeed, many of the other manufacturers of flat-panel TVs had drops in stock price last year, led by Sharp (-64 percent), Sony (-38 percent), Panasonic (-28 percent) and Toshiba (-3 percent). Mitsubishi’s departure from the rear-projection TV market may have been a reflection of its stock price, which is down 11 percent; however, the company is a very diversified conglomerate involved in elevators, automobiles and other manufacturing. On the plus side, Hitachi’s stock price rose 13 percent last year.
From a trend standpoint, one strong category last year was cable TV or satellite service providers, including Comcast (up 9 percent), DirecTV (+17 percent), and Time Warner (+53 percent). On the flip side, retailers Best Buy and hhgregg both saw their stock price cut in half last year.
Security remained a strong category with Honeywell (+17 percent), UTC (+12 percent) and newbie ADT all showing growth. ADT was spunoff from Tyco International on October 1, 2012, but in just three months the company’s stock rose 21 percent.
The top 8 stock gainers in 2012 are:
- Nortek (+151%)
- Samsung (+62%)
- Comcast (+59%)
- Time Warner Cable (+37%)
- Schneider Electric (+39%)
- TiVo (+37%).
- Apple (+31%)
- Legrand (+30%)
- JDSU (+29%)
The top 8 stock losers in 2012 are:
- Sharp (-61%)
- Best Buy (-50%)
- hhgregg (-50)
- Sony (-38%)
- DTS (-38%)
- Tyco (-37%, but the drop is misleading because the stock value was re-set following the spinoff of ADT)
- Panasonic (-28%)
- Planar (-25%)
Jason has covered low-voltage electronics as an editor since 1990. He joined EH Publishing in 2000, and before that served as publisher and editor of Security Sales, a leading magazine for the security industry. He served as chairman of the Security Industry Association’s Education Committee from 2000-2004 and sat on the board of that association from 1998-2002. He is also a former board member of the Alarm Industry Research and Educational Foundation. He is currently a member of the CEDIA Education Action Team for Electronic Systems Business. Jason graduated from the University of Southern California. Have a suggestion or a topic you want to read more about? Email Jason at [email protected]
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