American International Group (AIG) is the Trade of the Year: tradingeducationprogram.org/2013/09/16/american-international-group-aig-is-the-trade-of-the-year/ I believe buy American International Group (AIG) is the trade of the year. Downside risk is limited while upside potential is huge! Previously I had booked profit on AIG on 27 May 13 (25% profit) and 26 April 13 (21% profit). On 30 May 13 I had bought AIG again, this time at $46.25. This company suffered a crisis few years ago and hence the share price is heavily beaten down. It has since recovered from crisis and it is doing well now. Earning is growing. Yet price to book is only 0.52 times. That means that in the worst case senario, the company goes into liquidation, shareholders will still profit from sales of assets. Price earning ratio is only 2.70 times. Regards findundervaluedstocks/
Posted on: Mon, 16 Sep 2013 15:10:31 +0000
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