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 provides services using subsidiary companies. Across the world including United states, AIG provides financial along with insurance services. The operations of this company can be classified as: Financial Services, General Insurance, Asset Management and Life insurance cum Retirement services.
The portfolio management gets covered entirely in these four categories. Any investor can invest with AIG, whatever be the type of investment he is looking at.
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.
Central Bank of US also known commonly as Federal Reserve Bank gave an incentive to AIG company in return for a stake of 79.9%. These stimulus packages were issued by the Federal Reserve Bank to lot of financial institutions for improving their economy during the financial crisis. This package helped AIG in recovering from their fall at the time of recession.
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.
Hence there is a need for an impartial analysis on AIG stock price to look at prospective investments.