AIG - AIG: Focused Buybacks Steady Dividends And A Turnaround Story
2024-04-10 04:51:13 ET
Summary
- American International Group stock has increased by over 48% in the past year, indicating market confidence in the company.
- This reflects substantial improvements in their underwriting for property casualty over the past decade.
- With more improvements to come, focused buybacks, and steady dividends, AIG is poised to be a solid compounder for long-term investors.
American International Group ( AIG ) is a well-known insurance company, for many because of the days of the 2008 Financial Crisis. Yet, it's still here, and things can change with time. I was curious to see if that made it a worthwhile investment in 2024. The market sure seems to believe in it.
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AIG: Focused Buybacks, Steady Dividends, And A Turnaround Story