Arthur J. Gallagher: Positive On Both Organic And Inorganic Growth
Arthur J. Gallagher & (AJG) Seeking Alpha·2024-05-11 21:07
MoMo Productions/DigitalVision via Getty Images Investment summary My recommendation for Arthur J. Gallagher (NYSE:AJG) is a buy rating. I believe the current macro situation (strong US economy and high-for-longer interest rates) is favorable for AJG, and it should be able to grow organically at similar strength seen in 1Q24. AJG balance sheet also remains strong, which enables it to continue acquiring targets to grow. Business Overview AJG provides insurance brokerage and risk management services, with ...