Use access key #2 to skip to page content.
$3.87 0.01 (0.26%)
10/6/2008 4:03 PM

American International Group, Inc. (AIG)

CAPS Rating:
**

A holding company which, through its subsidiaries, is engaged in a range of insurance and insurance-related activities in the United States and abroad. Its primary activities include General Insurance and Life Insurance & Retirement Services operations.

View All Commentary (AIG)

Recs

8

Avatar Manifest (84.34) Submitted: 10/31/06 1:44 PM : Outperform Start Price: $65.05 AIG Score: -70.14

The recent stock price trend suggests that Mr. Market is beginning (or has begun) to forgive AIG for the transgressions that riled AG Spitzer and had him foaming at the mouth.

And even if Mr. Market has little or no compassion, perhaps the short-term memory is weakening? In any event, AIG is a capable company, rated at "A" for Financial Strength. With shareholder equity growing at 12%+, a return-on-equity of 13% with some room for upside and a projected P/E of 23.0x (some probable downside there), the projected annual return is 22-23%. Since AIG ranks in the top quintile for quality among all companies that we follow, it's time to add it to my CAPS collection.

If CAPS had a double-down button, I'd be exercising it on Walgreen (WAG) right now, too.

Report this Post Replies: 0 | Reply

Featured Broker Partners