$1000 Invested In Progressive 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Progressive (NYSE:PGR) has outperformed the market with an annualized return of 12.67%, averaging 23.1% annually. A $1000 investment in PGR a decade ago would be worth $8,025.70 today. Progressive's market capitalization stands at $113.38 billion, highlighting the significant impact of compounded returns on investment growth over time.
February 26, 2024 | 9:30 pm
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Progressive (PGR) has demonstrated significant growth over the past decade, with a $1000 investment growing to $8,025.70, reflecting an average annual return of 23.1%.
The substantial growth in Progressive's stock value over the past decade, significantly outperforming the market, indicates a strong positive trend. This historical performance, coupled with a high market capitalization, suggests a continued positive outlook, making it likely that the stock price will maintain its upward trajectory in the short term.
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