Stock Prices of Baldrige Winners Soar

Jan. 13, 2005
If you invested solely in companies that won the Malcolm Baldrige National Quality Award last year, youd do very well financially. For the fourth straight year, stock prices of publicly traded U.S. companies that won the award outperformed the Standard & ...

If you invested solely in companies that won the Malcolm Baldrige National Quality Award last year, youd do very well financially. For the fourth straight year, stock prices of publicly traded U.S. companies that won the award outperformed the Standard & Poor's 500 market index by almost 3-to-1, calculates the Commerce Dept.s National Institute of Standards & Technology (NIST).

Stock prices of the parent companies of the six winners--ADAC Laboratories, Eastman Chemical Co., Federal Express Corp., Motorola Inc., Solectron Corp., and Zytec Corp.--outperformed the S&P 500 by a 2.7-to-1 margin (calculated from first business day of the month after the winners announcement date through Dec. 1), says NIST. The six firms achieved a 394.5% return on investment during the period compared with a 146.9% return for the S&P 500. Similar Baldrige Index studies by NIST since 1994 also have found that Baldrige winners stocks outperform the S&P index.

Popular Sponsored Recommendations

Ecommerce Guide: How to Manage Order Volume Spikes

Oct. 2, 2023
Master the art of delivering a seamless ecommerce shopping experience! Learn how to streamline your operations to successfully manage seasonal sales order spikes.

Goodridge Boosts Productivity & Saves Costs by Moving to the Cloud!

Dec. 4, 2023
With Infor's cloud solutions, Goodridge has been able to greatly increase overall productivity, cost savings, data visibility, and automation. This case study discusses the many...

The Ultimate Ecommerce Excellence Checklist

Oct. 2, 2023
Scaling ecommerce operations is no easy task when your business is moving fast. Assess your current ecommerce maturity level and set optimization priorities with this practical...

Smarter Savings for Manufacturers - Guide

Sept. 12, 2023
Enhance your service experiences and boost revenue while reducing costs. Learn how one platform can help your business be more agile and productive in today's market.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!