Here's How Much $1000 Invested In Progressive 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Progressive (NYSE:PGR) has outperformed the market over the past 20 years by 2.74% on an annualized basis, producing an average annual return of 10.37%. If an investor had bought $1000 of PGR stock 20 years ago, it would be worth $7,188.44 today.
August 29, 2023 | 4:00 pm
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Progressive's stock has shown strong performance over the past 20 years, outperforming the market by 2.74% on an annualized basis. This historical performance may attract long-term investors.
The news highlights the strong historical performance of Progressive's stock, which has outperformed the market over the past 20 years. This could potentially attract more long-term investors, driving up the demand and price of the stock in the short term.
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