Tuesday, July 8, 2014

Top 5 Insurance Stocks To Invest In Right Now

Top 5 Insurance Stocks To Invest In Right Now: American International Group Inc.(AIG)

American International Group, Inc. is an international insurance organization. The company operates property and casualty insurance networks worldwide and conducts activities in the U.S. life insurance and retirement services industry. It also involves in commercial aircraft leasing and residential mortgage guaranty insurance businesses. The company, through Chartis Inc., provides various property and casualty insurance products under commercial and consumer categories worldwide. These products include surplus lines, executive liability/directors? and officers? liability, employment practices, excess casualty, and travel/assistance lines. American International Group, through SunAmerica Financial Group, offers a suite of life insurance and retirement products and services, including term life, universal life, accident and health, fixed and variable deferred annuities, fixed payout annuities, mutual funds, and financial planning products and services to individuals and grou ps in the United States. The company, through International Lease Finance Corporation, operates as an aircraft lessor that acquires commercial jet aircraft from various manufacturers and other parties, and leases those aircraft to airlines worldwide. It also sells aircraft from its fleet to other leasing companies, financial services companies, and airlines, as well as provides management services to third-party owners of aircraft portfolios. American International Group, through United Guaranty Corporation, issues residential mortgage guaranty insurance that covers mortgage lenders from the first loss for credit defaults on high loan-to-value conventional first-lien mortgages for the purchase or refinance of one- to four-family residences in the U.S. and internationally. The company was founded in 1967 and is based in New York, New York.

! Advisors' Opinion:
  • [By David Hanson and Matt Koppenheffer]

    American International Group (NYSE: AIG  ) , one of the biggest insurance corporations in the world, just named Peter Hancock as its new CEO. He'll start working on his new role on Sept. 1, replacing Robert Benmosche. What does this mean for the company going forward -- and for Jay Wintrob, head of AIG's life insurance and retirement business and reportedly the other top candidate for the job?

  • [By Holly LaFon]

    David Abrams (Trades, Portfolio) of Boston-based Abrams Capital Management is a new guru. He formerly held a position at Seth Klarman (Trades, Portfolio)'s Baupost Group, and since founding his own fund in 1998, has returned about an annualized 15% for his clients. Abrams is a classic value investor who worked in merger arbitrage before his hedge fund days.With a value of $1.26 billion, Abrams' long portfolio holds just 13 stocks. Two positions were new in the first quarter: Microsoft Corp (MSFT) and Barnes & Noble (BKS).Microsoft (MSFT)Abrams purchased 3,420,000 shares of Microsoft in the first quarter, amounting to 11.1% of his portfolio. This makes it the third-largest position in his holdings, behind Western Union (WU) (22.5%) and AIG (AIG) (18.8%).Microsoft's share price averaged $38 in the first quarter, and has moved up 9% since.Microsoft Corp was founded in 1975. It was incorporated in the State of Washington. Microsoft Corp has a market cap of $337.19 b illion; its shares were traded at around $40.82 with a P/E ratio of 15.40 and P/S ratio of 4.10. The dividend yield of Microsoft Corp stocks is 2.60%. Microsoft Corp had an annual average earnings growth of 14.80% over the past 10 years. GuruFocus rated Microsoft Corp the business predictability rank of 3.5-star.Barnes & Noble (BKS)Abrams added 2,115,229 shares of Barnes and Noble in the first quarter, equal to 3.54% of the company's shares outstanding and making the company 3.5% of his portfolio! .Barnes a! nd Noble had a share price average of $17 per share in the first quarter, and has increased by 14% since.Barnes & Noble Inc. was incorporated in Delaware in 1986. Barnes & Noble Inc. has a market cap of $1.2 billion; its shares were traded at around $20.06 with and P/S ratio of 0.20.Increase – J.C. Penney (JCP)Abrams increased his slight position in J.C. Penney by 50% in the first quarter, adding 500,000 shares at an average price of $7 to his stake started t he previous quarter o

  • [By Ben Levisohn]

    Investors have been waiting–and waiting and waiting–for MetLife (MET) to start buying back shares. Most of the big insurers do it. Heck, even American International Group (AIG) does it, even if it disappointed with its announcement last week.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-insurance-stocks-to-invest-in-right-now-2.html

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