Stock prices are an interesting area of analysis. They require a lot of calculative and analytical predictions and they should be aimed at getting maximum aims. Now, the topic which we are talking about is the AIG stock price, which is an interesting piece of analysis because AIG is a long standing company which had stable prices for their stocks but suffered due to their fallacies during the subprime crisis
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.
The above mentioned four categories constitute the entire portfolio management. So whatever investment a person wants to make he can approach AIG for his needs.
It is quoted in the New York stock Exchange (NYSE). The index is 26.76 as on 24/2/10. It has been in the news for its role in the financial crisis. AIG was one of the first hit of the financial crisis and it suffered a loss of liquidity which led to a plummeting of its AIG stock price during FY08.
On Sep 16 2008 the Federal Reserve Bank which is the central bank of the US offered them a stimulus package in return for a 79.9% stake. This is a step in the series of stimulus packages given by the Federal bank in order to improve their economy during the tough times of recession. This was a great relief fund to AIG to rejuvenate itself from the down fall of the recession period.
While analyzing the price for AIG stocks, we need to consider all the above factors. AIG is a company known for its consistency and for the amount of time it has been in existence. The company suffered a huge fall only during the subprime crunch which served as a catalyst during the global recession.
But, one cannot consider this to be downfall of the concern. The company was a victim like other financial institutions and we should not doubt the company’s integrity for it. Also the company is recovering thanks to the stimulus packages offered by Federal Reserve Bank of United States. One can look forward to see the stock prices soaring higher in the near future.
Thus the need for a neutral analysis on the AIG stock price and then consider any potential investments.
Learn more about the current stock prices. Stop by Mike Oldster’s site where you can find out all about stock market prices and what it can do for you.
