AIG added to U.S. 1 List at BAML


Weakness following Q3 results is overdone, says the team, and weakness in P&C is no more than typical volatility in the business. The insurer's underwriting loss ratio continues to improve and the expense ratio should decline from here.

Weakness? Prior to the mini-meltdown in the markets over the past few sessions, AIG's stock price had recovered from its post-Q3 results dive and was roughly flat from where it stood three months ago.

Nucor (NUE) has also been added to the list.

AIG +1.5% premarket; Nucor no trades.

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Comments (2)
  • BAHAMAS1
    , contributor
    Comments (5156) | Send Message
     
    Shows me that BAML must have bought their AIG Long positions for themselves and their big clients and are ready to ride this stock much higher.

     

    No reason this stock is selling at 43% below BV.
    Same old BS.

     

    Long AIG
    28 Jan 2014, 09:30 AM Reply Like
  • hystra@tin.it
    , contributor
    Comments (3) | Send Message
     
    You are right, the current price is a great opportunity to buy.
    11 Feb 2014, 03:46 AM Reply Like
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