Here's How Much You Would Have Made Owning Progressive Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Progressive (NYSE:PGR) has outperformed the market over the past 20 years with an average annual return of 13.21%, surpassing the market by 4.79% annually. A $1000 investment in PGR 20 years ago would now be worth $11,930.91, highlighting the power of compounded returns.
August 23, 2024 | 5:31 pm
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Progressive has shown strong performance over the past 20 years, with an average annual return of 13.21%, outperforming the market by 4.79%. A $1000 investment 20 years ago would now be worth $11,930.91.
The article highlights Progressive's strong historical performance, which may positively influence investor sentiment and attract more investments, potentially driving the stock price up in the short term.
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