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American International Group, Inc. (AIG) [hlAlert]

Rating:
Buy AIG
down 88.73 %

American International Group, Inc. (AIG) upgraded to Buy by Banc of America Sec

Posted on: Monday,  Jul 21, 2008  8:25 AM ET by Banc of America Sec

Banc of America Sec rated Buy American International Group, Inc. (NYSE: AIG) on 07/21/2008, when the stock price was $542.40.
Since then, American International Group, Inc. has lost 88.73% as of 01/27/2016's recent price of $61.11.
If you would have followed this Banc of America Sec's recommendation on AIG, you would have lost 88.73% of your investment in 2746 days.

American International Group, Inc. (AIG) is a holding company which, through its subsidiaries, is engaged in a range of insurance and insurance-related activities in the United States and abroad. AIG?s primary activities include both General Insurance and Life Insurance & Retirement Services operations. Other significant activities include Financial Services and Asset Management. The Company operates in four segments: General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management. Through these operating segments, AIG provides insurance, financial and investment products and services to both businesses and individuals in more than 130 countries and jurisdictions. In December 2008, AIG?s United States life insurance companies sold its residential mortgage-backed securities portfolio to Maiden Lane II LLC. On April 1, 2009, AIG completed the sale of AIG Life of Canada to BMO Financial Group, and Hartford Steam Boiler to the Munich Re Group.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/21/2008 8:25 AM Buy
None
542.40
as of 12/24/2008
1 Week down  -9.87 %
1 Month up  5.03 %
3 Months up  6.56 %
1 YTD down  -132.97 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/10/2007 9:25 AM Hold
None
1,384.00 1,480.00

(*) Stock Price at the time of the recommendation.
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