Here's How Much You Would Have Made Owning Progressive Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Progressive (NYSE:PGR) has outperformed the market with an annualized return of 11.61%, turning a $1000 investment into $9,070.54 today. The company's market capitalization stands at $115.23 billion.
March 11, 2024 | 9:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Progressive has demonstrated significant growth over the past 20 years, with an 11.61% annualized return, significantly increasing its market capitalization to $115.23 billion.
The article highlights Progressive's strong performance over the past two decades, showcasing its ability to outperform the market with an impressive annualized return of 11.61%. This long-term growth trajectory suggests a positive outlook for the company's stock, likely encouraging investor confidence and potentially leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100