Opinion & Analysis

Homebuilder ETF Rises Despite More Bad Housing News
by Don Dion    | about: ITBDHISPF

Investors have taken recent signs of a firming economy as good news for housing stocks, which trade at rock-bottom prices.

AIG: From Blue Chip to Mediocrity

The financial giant issued a horrendous quarterly report, with a net loss of $7.8 billion. When an insurance company can’t manage its own house, asks Prudent Speculations, can it really be trusted to manage the risk of others?

Felix Salmon wonders if AIG is even a top tier insurance company anymore, but here's the contrarian take: Jeff Bronchick from Reed Conner & Birdwell believes AIG stock has never been cheaper at 8X 'depressed' earnings.

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May 09, 2008   |  Last Updated       09:30 ET
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