Best US Stocks To Own Right Now

Best US Stocks To Own 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 Ben Levisohn]

  Expenses pretty messy, but core result lo! oks OK. Core expenses [ex. litigation, Legacy Asset Servicing (LAS), and 1Q retirement eligible comp costs] were $13.1B in 2Q vs. $13.6B last quarter. This is in line with our model, which is a good result considering I-banking and trading revenues were better than expected. We note that BAC now expects to achieve quarterly New Bank of America cost saves of $2.0B by 4Q14 (vs. mid-’15 previously), but quarterly LAS expense is now expected to decline to $1.1B by 1Q15 (vs. 4Q14 previously). Litigation expense ($4.0B vs. $6.0B in 1Q) remains a wildcard with the DOJ settlement still outstanding. Even with the AIG (AIG) settlement now past, color on the trajectory of legal costs going forward will be key on the call.

• [By Jessica Alling]

  AIG (NYSE: AIG  ) , General Electric's (NYSE: GE  ) GE Capital, and Prudential Financial (NYSE: PRU  ) we all notified Monday that they had been designated as "systemically important financial institutions," with tougher rules on the way. Does this kill any opportunities for investors?

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/best-us-stocks-to-own-right-now-2.html