F&G Annuities & Life: Solid Q2 Should Calm Investment Portfolio Fears
F&G Annuities & Life(FG) Seeking Alpha·2024-08-06 10:00
Alistair Berg Shares of F&G Annuities & Life (NYSE:FG) have been a strong performer over the past year, rising 34%; however, the stock is down nearly 20% since its recent high amid the broader market pullback. Given its higher-risk investment portfolio, shares can exhibit significant market sensitivity, but the magnitude of this drop has been jarring. Because of this pullback, shares are down 9% since my May article, recommending them as a "buy." That makes Monday night's eamings release well-imed, and I re ...