On 28 December 2012 we had bought American International Group (AIG) at $34.80. You can click here to view the article.
This company suffered a crisis few years ago and hence the share price is heavily beaten down. It has since recovered from crisis and it is doing well now. Earning is growing. Yet price to book was only 0.52 times. That means that in the worst case senario, the company goes into liquidation, shareholders will still profit from sales of assets. Price earning ratio was only 2.70 times.
There is a high chance that US FOMC will tamper QE and caused a downturn in US stock market. We decide to take profit on this stock.
Sold AIG at 43.72, profit is 25.63%.