Corebridge: A Favorable Interest Rate Environment Supports Ongoing Upside
CRBGebridge Financial(CRBG) Seeking Alpha·2024-03-15 12:01

Khanchit Khirisutchalual Corebridge Financial (NYSE:CRBG) has been a strong performer over the past year, steadily rising about 62% and now trading near a 52-week-high. The company has performed well with significant capital returns, which has more than offset any headwind from share sales by its former parent, American International Group (AIG). Since recommending shares as a "strong buy" in December, CRBG has returned about 21%, outpacing the S&P 500's 11% increase. In that piece, I argued shares were wor ...