American International Group

AIG-N

NYSE:AIG

20.46
0.79 (3.72%)
American International Group, Inc., also known as AIG, is an American multinational insurance corporation with operations in more than 80 countries and jurisdictions. As of December 31, 2016, AIG companies employed 56,400 people.
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Analysis and Opinions about AIG-N

Signal
Opinion
Expert
HOLD
HOLD
March 5, 2020
Stock is slowly turning around. Longer term, not a bad place to be. It has too many verticals. Doesn't see a major issue from coronavirus.
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Stock is slowly turning around. Longer term, not a bad place to be. It has too many verticals. Doesn't see a major issue from coronavirus.
COMMENT
COMMENT
January 30, 2020

AIG-N vs. MET-N. AIG-N has been recapitalizing since the disaster of the financial crisis. MET-N did not suffer these issues. The life business is in pretty decent shape but he prefers Canadian lifecos.

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AIG-N vs. MET-N. AIG-N has been recapitalizing since the disaster of the financial crisis. MET-N did not suffer these issues. The life business is in pretty decent shape but he prefers Canadian lifecos.

PAST TOP PICK
PAST TOP PICK
July 10, 2018

(Past Top Pick, June 13, 2017, Down 12%) He sold his earnings last November to cut his losses. The reason was that AIG took massive writedowns after their new CEO took over. He didn't want to be in this turnaround plan.

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(Past Top Pick, June 13, 2017, Down 12%) He sold his earnings last November to cut his losses. The reason was that AIG took massive writedowns after their new CEO took over. He didn't want to be in this turnaround plan.

DON'T BUY
DON'T BUY
April 11, 2018

The company is trading below book value. He does not see many companies who can combine P&C and Life business well. It has never really recovered from the financial crisis.

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The company is trading below book value. He does not see many companies who can combine P&C and Life business well. It has never really recovered from the financial crisis.

PAST TOP PICK
PAST TOP PICK
February 23, 2018

(A Top Pick Feb 6/17 Down 5%). He thinks insurance companies are having a tough go. They are not benefiting like other financial assets. He is disappointed with its performance.

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(A Top Pick Feb 6/17 Down 5%). He thinks insurance companies are having a tough go. They are not benefiting like other financial assets. He is disappointed with its performance.

HOLD
HOLD
February 12, 2018

Fine at current levels and would stick with it. It's building a base around $59-60. Looks solid here.

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Fine at current levels and would stick with it. It's building a base around $59-60. Looks solid here.

PAST TOP PICK
PAST TOP PICK
January 12, 2018

(A Top Pick Jan 5/17. Down 5%.) Very disappointing. Still struggling and is at EBV-3. As interest rates go up, this should do better.

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(A Top Pick Jan 5/17. Down 5%.) Very disappointing. Still struggling and is at EBV-3. As interest rates go up, this should do better.

PAST TOP PICK
PAST TOP PICK
January 4, 2018

(A Top Pick Jan 4/17, Down 6%) He thought the street might recognize its value. He got his money back but decided he could do better elsewhere.

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(A Top Pick Jan 4/17, Down 6%) He thought the street might recognize its value. He got his money back but decided he could do better elsewhere.

DON'T BUY
DON'T BUY
September 19, 2017

Had owned this until about a year ago, and then moved aside. Had some difficulties with management. Even against their peer group in the insurance space, this company is not operating that efficiently.

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Had owned this until about a year ago, and then moved aside. Had some difficulties with management. Even against their peer group in the insurance space, this company is not operating that efficiently.

TOP PICK
TOP PICK
June 13, 2017

Has a new CEO, a long-time industry veteran. The company is still having a tough time coming out of the financial crisis. Its focus in recent years has been cost cutting, working down debt, buying back stock, but it really hasn’t had much profitable growth. The new CEO is focused on profitable growth. This stock is so cheap, trading at .8X BV, where most of them are trading at 1.4X BV. There is no reason it can’t get it to that level. It is going to take time and could get ugly and messy, but he is willing to commit 3-5 years. If it happens, it will be a $100+ stock. Dividend yield of 2%. (Analysts’ price target is $70.50.)

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Has a new CEO, a long-time industry veteran. The company is still having a tough time coming out of the financial crisis. Its focus in recent years has been cost cutting, working down debt, buying back stock, but it really hasn’t had much profitable growth. The new CEO is focused on profitable growth. This stock is so cheap, trading at .8X BV, where most of them are trading at 1.4X BV. There is no reason it can’t get it to that level. It is going to take time and could get ugly and messy, but he is willing to commit 3-5 years. If it happens, it will be a $100+ stock. Dividend yield of 2%. (Analysts’ price target is $70.50.)

PAST TOP PICK
PAST TOP PICK
June 9, 2017

(A Top Pick March 21/17. Up 3%.) Basically trades in line with the S&P 500. One of the top insurance names on the planet. Trading slightly below BV, while it normally is about 2X BV. There is an activist in there shaking things up. A conservative way to play financial services and to hedge your portfolio against higher interest rates.

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(A Top Pick March 21/17. Up 3%.) Basically trades in line with the S&P 500. One of the top insurance names on the planet. Trading slightly below BV, while it normally is about 2X BV. There is an activist in there shaking things up. A conservative way to play financial services and to hedge your portfolio against higher interest rates.

COMMENT
COMMENT
May 17, 2017

If you felt the need to pick one insurance company, this is not the one he would go with. There is a lot happening with this, and you should let the dust settle a little.

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If you felt the need to pick one insurance company, this is not the one he would go with. There is a lot happening with this, and you should let the dust settle a little.

TOP PICK
TOP PICK
March 21, 2017

He is looking for market-leading companies that are in sectors out of favour, and either have very strong dividends or some sort of catalyst that will unlock value. Mr. Icahn has taken a position and he knows value, will perhaps break it apart with the sum of the parts being worth more than the whole. (Analysts’ price target is $70.)

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He is looking for market-leading companies that are in sectors out of favour, and either have very strong dividends or some sort of catalyst that will unlock value. Mr. Icahn has taken a position and he knows value, will perhaps break it apart with the sum of the parts being worth more than the whole. (Analysts’ price target is $70.)

WAIT
WAIT
February 27, 2017

They had a messy quarter in terms of write downs. There may be more coming so he would wait a quarter or two to see them clean up their book a little bit.

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They had a messy quarter in terms of write downs. There may be more coming so he would wait a quarter or two to see them clean up their book a little bit.

DON'T BUY
DON'T BUY
February 17, 2017

They will benefit from higher interest rates. They ran into difficulty during the financial crisis and had to restructure. They are trying to grow their return on equity. She keeps her insurance exposure in Canada.

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They will benefit from higher interest rates. They ran into difficulty during the financial crisis and had to restructure. They are trying to grow their return on equity. She keeps her insurance exposure in Canada.

Showing 1 to 15 of 153 entries

American International Group(AIG-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for American International Group is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

American International Group(AIG-N) Frequently Asked Questions

What is American International Group stock symbol?

American International Group is a American stock, trading under the symbol AIG-N on the New York Stock Exchange (AIG). It is usually referred to as NYSE:AIG or AIG-N

Is American International Group a buy or a sell?

In the last year, 1 stock analyst published opinions about AIG-N. 0 analyst recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is HOLD. Read the latest stock experts' ratings for American International Group.

Is American International Group a good investment or a top pick?

American International Group was recommended as a Top Pick by Darren Sissons on 2020-03-05. Read the latest stock experts ratings for American International Group.

Why is American International Group stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is American International Group worth watching?

1 stock analyst on Stockchase covered American International Group In the last year. It is a trending stock that is worth watching.

What is American International Group stock price?

On 2020-04-03, American International Group (AIG-N) stock closed at a price of $20.46.