AIG Is Moving In The Right Direction

Geoff Considine
5.7K Followers

Summary

  • AIG has substantially outperformed in the past year.
  • A substantial planned buyback should provide a significant share price boost.
  • AIG can continue to thrive in a rising rate environment.
  • The Wall Street consensus rating is bullish, with high expected return over the next year.
  • The market-implied outlook is slightly bullish.

Building of headquarters of insurance group AIG Ireland.

RobsonPL/iStock Editorial via Getty Images

AIG reported Q1 results on May 3rd, beating expectations for earnings and revenue. There were a number of positive items discussed in management commentary, beyond the strong quarterly performance. First, AIG is progressing in the

This article was written by

5.7K Followers
Geoff has worked in quantitative finance for more than twenty years. Before entering finance, Geoff was a research scientist for NASA. Geoff holds a PhD in Atmospheric Science from the University of Colorado - Boulder and a BS in Physics from Georgia Tech. Neither Geoff Considine nor Quantext (Geoff's company) are investment advisors. Nothing in any commentary here on Seeking Alpha or elsewhere shall be regarded as advice.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AIG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I have sold covered calls against my AIG shares

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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