American International Stock: Is Wall Street Bullish or Bearish?

American International Group, Inc. (AIG), boasting a market cap of $47.8 billion, is a global insurance organization. The New York-based company provides a wide range of insurance and financial services through a multichannel distribution network, including property casualty insurance, life insurance, and retirement solutions.

Shares of this insurer have slightly underperformed the broader market over the past 52 weeks. AIG has surged 17.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 18.5%. In 2024, AIG saw a YTD increase of 6.2%, lagging behind the SPX's 12.1% rise.