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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100