In this video, analyst Matt Koppenheffer outlines three reasons to buy AIG. First, the company is cheap. It currently sells for roughly 0.6 times tangible book value, far less than what it was selling for before the financial crisis. Second, it has made significant progress on turning itself around. It has paid off its government loans, sold off businesses, and restructured its balance sheet and itself to avoid past mistakes. Lastly, insurance is a cyclical market and the past few years have been soft for insurance companies. Right now, there are signs the insurance market is firming up and this should allow AIG to raise prices on its products and improve its profitability.
3 Reasons to Buy AIG
By Matt Koppenheffer
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Apr 19, 2013 at 5:20PM
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NYSE: AIG
American International Group, Inc.

Market Cap
$44B
Today's Change
(-3.94%) -$2.28
Current Price
$55.62
Price as of May 20, 2022, 4:00 p.m. ET
Should you be picking up shares of AIG today?
Stocks Mentioned

American International Group, Inc.
AIG
$55.62
(-3.94%)
$-2.28
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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