AIG Stock Price- Rising From The Dead!
Tuesday, March 16th, 2010Analysis on stock prices has always been proven to be interesting. To get the maximum gain, one needs to do a lot of prediction both analytically and also arithmetically. Our current topic is on AIG stock price which is a much remarkable one for study, as this belongs to a company which is a very old one and known for stability in their stock prices and the one which suffered during the subprime crunch because of its own misjudgements.
AIG has subsidiaries, which provides the required services for it. AIG is a provider of financial and insurance services across the globe. The operations of AIG can be categorized as: Asset Management, Life insurance and retirement services, General insurance and financial services.
The portfolio management gets covered entirely in these four categories. Any investor can invest with AIG, whatever be the type of investment he is looking at.
NYSE, New York Stock Exchange quotes AIG’s prices. As on 24th Feb 2010 the price of this stock was at 26.76. AIG was noted for the part it played during the financial crisis. In fact, it was AIG which was hit first during the crisis and during the FY08 AIG stock price plummeted down owing to the loss of liquidity.
In return for a stake of 79.9%, the United States’ central bank also known as the Federal reserve bank offered an incentive package to AIG on 16th of September 2008. This was the beginning of various such packages provided by the Federal Reserve Bank to boost the economy of those who are suffering from the financial crisis. Needless to say, this acted as a boost for the company of AIG to recover from the recession.
While analyzing the price for AIG stocks, we need to consider all the above factors. AIG is a company known for its consistency and for the amount of time it has been in existence. The company suffered a huge fall only during the subprime crunch which served as a catalyst during the global recession.
But, one cannot consider this to be downfall of the concern. The company was a victim like other financial institutions and we should not doubt the company’s integrity for it. Also the company is recovering thanks to the stimulus packages offered by Federal Reserve Bank of United States. One can look forward to see the stock prices soaring higher in the near future.
Thus the need for a neutral analysis on the AIG stock price and then consider any potential investments.
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