Here's How Much $1000 Invested In Progressive 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Progressive (NYSE:PGR) has outperformed the market with an annualized return of 19.4%, turning a $1000 investment into $14,979. The company's market capitalization stands at $123.01 billion. This showcases the impact of compounded returns on investment growth over time.
April 03, 2024 | 4:00 pm
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Progressive's stock has demonstrated significant growth over the past 15 years, with a $1000 investment growing to $14,979, reflecting an annualized return of 19.4%.
The article highlights Progressive's exceptional performance over the past 15 years, significantly outperforming the market. This historical performance, coupled with a strong market capitalization, suggests a positive outlook for PGR's stock in the short term, as it may attract more investors looking for proven long-term growth.
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