Assured Guaranty Ltd. (NYSE:AGO)

CAPS Rating: 2 out of 5

A holding company that provides, through its operating subsidiaries, credit enhancement products to the public finance, structured finance and mortgage markets.

Recs

0
Player Avatar dragonLZ (87.56) Submitted: 10/10/2010 11:01:00 PM : Outperform Start Price: $15.96 AGO Score: -43.09

Assured Guaranty Ltd. (AGO) is a holding company that provides, through its operating subsidiaries, credit enhancement products to the public finance, structured finance and mortgage markets.

Currently, at $18.40, AGO is still 34% off its 52W high, even though it had an almost 50% run since July 1st.
I didn't get into AGO at the bottom, but I think that my $16 price is still pretty good.
I like this stock a lot.
It fit's my eleven twenty-one criteria, and I love the way its chart looks.
I wouldn't be surprised to see AGO at $25 before the end of 2010.
I plan on holding AGO for a long time.

Report this Post 1 Comment
Member Avatar jsrc1989 (< 20) Submitted: 1/22/2011 8:07:44 PM
Recs: 0

Assured Guaranty Ltd. is probably the last muni-bond insurer left standing. With close to 35 states soon to not be able to meet their budgets, I'd hate to be long AGO. No pupper here...just look at Harrisburg, PA not able to make $8 million in payments in 2010. And this is the capitol of PA! Local governments are not looking good and muni bonds down more than 6% during the past 12 months in a low interest market as well.
Be careful out there.

Featured Broker Partners


Advertisement