If You Invested $100 In This Stock 10 Years Ago, You Would Have $600 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Progressive (NYSE:PGR) has delivered an average annual return of 20.39%, outperforming the market by 10.54% on an annualized basis. A $100 investment in PGR a decade ago would be worth $631.87 today. Progressive's market capitalization currently stands at $96.27 billion.
January 04, 2024 | 5:30 pm
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Progressive has significantly outperformed the market with a 20.39% average annual return over the past 10 years, turning a $100 investment into $631.87.
The historical performance of Progressive over the past decade has been strong, indicating a robust business model and effective management. This track record of outperforming the market is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as the information reinforces the company's investment appeal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100