5 Best Breakout Stocks To Buy Now

2. American International Group, Inc. (NYSE:AIG)

Number of Hedge Fund Holders: 48

American International Group, Inc. (NYSE:AIG) is a global financial services company that provides insurance, asset management, and other financial products and services to customers around the world. American International Group, Inc. (NYSE:AIG)’s products and services include a range of insurance products, including property and casualty, life and retirement, and financial lines insurance; asset management and investment products; and a range of other financial services.

On December 14, 2022, Mark Dwelle, an analyst at RBC Capital, increased his price target on American International Group, Inc. (NYSE:AIG) to $73 while keeping an Outperform rating on the stock. The analyst anticipates American International Group, Inc. (NYSE:AIG) to be among the few P&C insurers that will improve their margin in 2023.

As per Insider Monkey’s database, 48 hedge funds had stakes in American International Group, Inc. (NYSE:AIG) at the end of the third quarter. Harris Associates remained the leading stakeholder in the company at the end of Q3 2022.