Feb 17, 2008

Ken Fisher: Bullish on AIG

Giant insurer AIG (57, AIG) is lower than it was one, three, five or even eight years ago--back when it sold for 40 times earnings. Now it is just 8 times earnings and 1.2 times annual revenue. But with an exceptionally strong presence in insurance and broader finance and slow but steady growth, it will enjoy a good run in the stock market in 2008.

~ Ken Fisher, "We're Too Gloomy," Forbes, January 28, 2008

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