| Prev Close | 57.90 |
| Open | 58.14 |
| Day Low/High | 53.83 / 58.53 |
| 52 Wk Low/High | 44.54 / 65.73 |
| Volume | 8.95M |
American International Group, Inc. (AIG)
55.62
2.28
3.94
NYSE
| Exchange | NYSE |
| Shares Outstanding | 792.19B |
| Market Cap | 46.18B |
| P/E Ratio | N/A |
| Div & Yield | N.A. (N.A) |
AIG Aims Higher
It is now above its 200-day moving average. AIG (AIG) crosses back above the 200-day moving average now after breaching it to the downside yesterday.
More on AIG
I suspect the shares would have a nice upside move if the Treasury said they were going to wait on the secondary for at least six months. On "Fast Money Halftime Report," Stephanie Link talked about the prospects for AIG (AIG), and she opined that o...
Interesting Action in Insurance Stocks
I am not sure why the sector is outperforming. Insurance stocks are conspicuously outperforming, and I am not sure why. Could be nothing more than a bounce off of oversold -- I am making calls. I have broad exposure in the sector -- AIG (AIG), Linco...
In Case You Missed It
'Major Hedge Funds Snapping Up AIG' In case you were out when I made my last post on AIG (AIG), I wanted to repeat it for emphasis.
Major Hedge Funds Snapping Up AIG
A scan of 13Fs also shows some big buys of General Motors and Procter & Gamble. As 13Fs roll in late this afternoon, the big news is that some of the world's greatest hedge funds -- David Tempers' Appaloosa, Jana Partners, Soros (initiated 15 milli...
AIG Raring to Go Higher
Odds are up for a reversal here, given the technicals.
How AIG Is Trading
It's trading like the secondary is imminent. AIG (AIG) trades like its large secondary is imminent.
Good and Bad News for AIG
Omega Advisors owns over 8 ,illion shares, but the stock dropped below it's 200-day moving average. The good news on AIG (AIG) is that Lee Cooperman's Omega Advisors just filed its 13-F, and it owns over 8 million shares (or $270 million) of AIG. Th...
Off the Charts
A cautious approach to the market is best at this stage.
AIG Secondary on Deck?
Rumor has it. High above the Alps, my gnome is hearing that the AIG (AIG) secondary will come relatively soon.
Levels
Currently, 13 out of the 71 stocks I have mentioned recently are eligible to buy, up from only three out of 70 two months ago. Jerry (Jerry Seinfeld): (To Kramer and Morty) What is this about? Kramer (Michael Richards): I'm completely changing the c...
Stocks Sink Despite Uptick in U.S. Jobs
Major U.S. stock markets were sinking Friday despite better-than-expected jump in nonfarm payrolls for December
Holding Up Rather Well
We just need to get through this election.
AIG Disappoints
I have sold most of my long position. There was less than meets the eye in AIG's (AIG) third-quarter 2012 earnings report issued after the close on Thursday. While the headline earnings of $1.00 a share beat consensus of $0.86 a share, all of the be...
What to Expect From AIG
Slightly better-than-consensus results and commentary on Hurricane Sandy's impact on the fourth quarter. AIG (AIG) reports after the close. I expect slightly better-than-consensus results. And I expect commentary on Hurricane Sandy's impact on the f...
What Do GM and AIG Have in Common?
Both company's shares have limited near-term upside, owing to the U.S. government's potential supply of stock. I want everyone to remember that General Motors (GM) and AIG (AIG) have something in common -- both company's shares have limited near-ter...
Paring Back Longs
Also, Oaktree just made another new high. Houskeeping items: I have pared back my CSX Corporation (CSX), AIG (AIG) and Bristol-Myers Squibb (BMY) longs consistent with the prior post, and the mighty Oaktree (OAK) just made a new high.
AIG in the Green
AIG (AIG) is moving higher now!
5 Minutes With the Head of Obama's Financial Bomb Squad
CFTC Chairman Gary Gensler is trying to rein in the previously unregulated $700 trillion swaps market.
The 5 Dumbest Things on Wall Street: October 26
Here is this week's roundup of the dumbest events in the financial world.
The Long Way
I am currently at my highest long exposure in about five months.
Done Dirt Cheap
TBT, CSX, AIG, Ford and GM are dirt cheap. Five dirt cheap stocks/ETFs: ProShares UltraShort 20+ Year Treasury (TBT), CSX Corporation (CSX), AIG (AIG), Ford (F) and General Motors (GM).
Adding to AIG Long
I am buying more shares at $34.83. I am adding to AIG (AIG) at $34.83 now.
Taking the Long Way
I am currently at my highest long exposure in about five months. With the recent additions of longs in SPDR S&P 500 ETF Trust (SPY), Ford (F, a Kass Katch), AIG (AIG), Procter & Gamble (PG), CSX Corporation (CSX) and others, I am now 40% net long, w...
Pressing AIG Buy
Doing so based on the rise in bond yields. I am pressing my AIG (AIG) buy from yesterday based solely on the rise in bond yields -- see rise in ProShares UltraShort 20+ Year Treasury (TBT).
Adding to AIG Long
I am picking up more shares under $35. I am not waiting for the AIG (AIG) secondary, and I have started to add to my long position under $35. That's my level.
Still Some Standouts
Some sectors -- albeit, boring ones -- are acting well.
In the Crosshairs
I am looking to buy a gaggle of names on weakness. Stocks I am looking to buy in weakness include Yahoo! (YHOO), AIG (AIG), Fusion-io (FIO), Sourcefire (FIRE), Avon Products (AVP), Oaktree (OAK), ProShares UltraShort 20+ Year Treasury (TBT).
Profit-Taking in AIG
After AIG's big run, I would expect some profit-taking on the news. AIG (AIG) is weaker based on the CEO's statement that the government will likely sell its stake by year-end. This should be no surprise. After AIG's big run, I would expect some pro...
Staying With AIG
It has enough international exposure that it doesn't worry me as we approach the fiscal cliff. American International Group (AIG) is still strong. It has enough international exposure that it isn't near the top of my list for a worry stock coming in...
