Progressive Corp
PGR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$132.00 | Rgnyng | Tgtjyywds |
Progressive Is Playing With a Hot Hand
Business Strategy and Outlook
Progressive is one of the strongest franchises in the insurance industry and has consistently generated industry-leading returns, but the company has seen fairly dramatic volatility as the auto insurance industry has been on a roller-coaster ride over the past several years.