COVID-19 is part of the reason for the stock price decline. It will rebound with the US economy over the next few months. But it may not fully rebound. The promotion of McElroy may help AIG recover. Don’t rush to judgements. Stock investments are not intended to be short term investments if the goal is a modest, fair rate of return commensurate with the risks taken.
Durham. Please explain how the S&P and Nasdaq are both positive for the year, yet AIG is down 40%….aren’t they impacted by Covid 19? Look at other insurance stocks, i.e. progressive (positive for the year) and other insurance stocks with much better returns this year. You don’t want to look at 2020 results, look at 5 years, 10 years, since the bailout, whatever time period you want for AIG and let me know what you see.
More promotions….meanwhile the stock is down almost 40% ytd. wonderful.
COVID-19 is part of the reason for the stock price decline. It will rebound with the US economy over the next few months. But it may not fully rebound. The promotion of McElroy may help AIG recover. Don’t rush to judgements. Stock investments are not intended to be short term investments if the goal is a modest, fair rate of return commensurate with the risks taken.
Durham. Please explain how the S&P and Nasdaq are both positive for the year, yet AIG is down 40%….aren’t they impacted by Covid 19? Look at other insurance stocks, i.e. progressive (positive for the year) and other insurance stocks with much better returns this year. You don’t want to look at 2020 results, look at 5 years, 10 years, since the bailout, whatever time period you want for AIG and let me know what you see.