Best Stock Investing - AIG - Top Stock To Watch

AIG is Today’s Most Active Stock

Dallas, TX 10/06/2009 05:45 PM GMT (TransWorldNews)

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American International Group, Inc. (NYSE:AIG) jumped up over 4% to $44.39 on massive volume of 3.50 million shares after Analysts at Swiss firm UBS resumed research coverage of American International Group on Tuesday with a neutral rating, saying the government's dominant role in the company holds the possibility of either a sharp upside or downside. "If the government were to reduce its ownership stake and bring its harsh lending terms to more manageable levels, the stock's upside may be more than 100%. But, if AIG's arrangement with the government situation remains status quo, the stock would likely be headed for a material drop," the researchers said in a note to clients. "At this stage, the downside scenario seems more probable to us," they concluded.

The stock has traded within a 52-week range of $6.60 and $99.20. The stock has recovered about 600% from its 52-week low of $6.60, but still away from its 52-week high of $99.20.

American International Group, Inc. (AIG) is a holding company which, through its subsidiaries, is engaged in a range of insurance and insurance-related activities in the United States and abroad. AIG’s primary activities include both General Insurance and Life Insurance & Retirement Services operations.

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