What can we do with you, AIG (NYSE: AIG)?
Your financial products group completely blew it by betting the house on derivatives and failing miserably. You're now practically an arm of the U.S. government. You're running through CEOs the way Britney Spears goes through boyfriends. Yet your stock has more than tripled from the low it hit in March.
Can you survive? More specifically, can you survive as a public company? And if you do, is your stock worth buying?
A total of 2,726 members of The Motley Fool's CAPS community have weighed in with their thoughts on AIG. The ratio of outperform to underperform ratings has left the stock rated a lowly two stars out of a possible five -- suggesting that it's better avoided than accumulated. However, some CAPS members have scored big by betting against the tide, and in favor of AIG. This group includes cambridgecrusher, who scored over 150 points by giving the stock a thumbs-up back in early July.
Cambridgecrusher is one of CAPS' All-Stars -- players with a rating of 80 or greater -- managing a stock-picking accuracy of 71% while racking up nearly 800 points. AIG isn't this player's only great call. Here's a look at a few other prescient picks:
Company
Date Picked
Date Ended
Call
Points of Outperformance
CAPS Rating
Las Vegas Sands (NYSE: LVS)
4/21/09
Still Open
Outperform
157
**
Intuitive Surgical (Nasdaq: ISRG)
3/27/09
Still Open
Outperform
107
****
Alcoa (NYSE: AA)
4/8/09
Still Open
Outperform
35
****
Data from CAPS.
So what is this investor looking at these days? Here are a few of cambridgecrusher's most recent calls on CAPS:
Company
Date Picked
Call
CAPS Rating Continued... |