Hold on people, we have to cut more costs, here come the sti rif's!
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No ir isn't stable. Morale is bad, people are not motivated, and much knowledge is leaving. They're relying on consultants to run thr company. What does that tell you?
It might be time to buy the stock. They have cut so many expenses, and their CEO, Duppereault, is probably leaving soon. That will reduce the payroll by $50M! They reported a 4th quarter profit and will likely report a 1st qtr 2020 profit, too. Maybe then the stock will go up. Wouldn't it be great if some of the little people made some money off AIG instead of just the rich guys at the top? Here's hoping!!!
The stock is at 43.40. Is it a good time to buy. Is AIG a stable company?
Coronavirus?