AIG Stock Price- Rising From The Dead!
One might find the stock prices to be an area of interest for analyzing. The analysis of this topic requires one to predict analytically and calculatingly to arrive at the maximum profit. AIG being a older company, suffered during the crisis of subprime, however their prices have been always stable and hence the AIG stock price is an interesting topic to do an analysis.
AIG is a company providing service through many of its subsidiaries. It provides insurance cum financial services in the US and worldwide. It has 4 types of operations: General Insurance, Life Insurance and Retirement Services, Financial Services, and Asset Management.
These four segments cover the whole of what is called portfolio management. This would force any investor to come to AIG irrespective of the type of investment they wish to make.
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.
Considering all these factors into account we may analyze the AIG stock price. It has been a company which has survived for many a years and maintained its consistency. Its biggest fall was due to the subprime crisis which initiated the recession of 2008.
Nevertheless, this should not be taken as the downside of the company. It should be understood that the company was a situational victim and it has nothing to do with the integrity of the company. Moreover, it should also be noted that the company has been receiving stimulus packages from the US government and is stabilizing. So the price for the stocks is expected to see a steady rise in the near future.
Hence there is a need for an impartial analysis on AIG stock price to look at prospective investments.
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