Here's How Much $1000 Invested In Progressive 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Progressive (NYSE:PGR) has outperformed the market with an annualized return of 11.49%, turning a $1000 investment into $8,682.02 today. Progressive's market capitalization currently stands at $105.35 billion.
February 05, 2024 | 2:00 pm
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Progressive has demonstrated significant growth over the past 20 years, with a $1000 investment growing to $8,682.02, reflecting an 11.49% annualized return.
The substantial growth in investment value over 20 years, coupled with Progressive's current market capitalization of $105.35 billion, indicates a strong and stable performance. This historical performance is likely to positively influence investor perception and could lead to increased investor confidence in the short term.
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IMPORTANCE 90
RELEVANCE 100