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Jim Cramer's Mad Dash: AIG Looks Fabulous

NEW YORK (TheStreet) -- American International Group (AIG - Get Report) reported terrific earnings results, according to TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio

Read More: Greenberg: Why Michael Kors Should Stop Giving Guidance

On CNBC's "Cramer's Mad Dash" segment, Cramer said investors should use today's weakness in the overall markets to take a look at the stock on the long side. 

Investors are worried about the geopolitical issues related to Russia, he reasoned. If the situation worsens, then stocks will likely go down. 

If the situation is resolved, then equities are likely headed higher, he concluded, and AIG is in fabulous shape.

-- Written by Bret Kenwell in Petoskey, Mich.

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At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.

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SYM TRADE IT LAST %CHG
AIG $60.22 0.00%
AAPL $131.39 0.00%
FB $80.48 0.00%
GOOG $542.51 0.00%
TSLA $245.62 0.00%

Markets

DOW 18,285.74 +0.34 0.00%
S&P 500 2,130.82 +4.97 0.23%
NASDAQ 5,090.7940 +19.0510 0.38%

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