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$1000 Invested In Progressive 5 Years Ago Would Be Worth This Much Today

Benzinga Insights 2 hours ago

Trading IdeasNews

Progressive (NYSE:PGR) has outperformed the market over the past 5 years by 9.87% on an annualized basis producing an average annual return of 19.78%. Currently, Progressive has a market capitalization of $131.85

Progressive (NYSE:PGR) has outperformed the market over the past 5 years by 9.87% on an annualized basis producing an average annual return of 19.78%. Currently, Progressive has a market capitalization of $131.85 billion.

Buying $1000 In PGR: If an investor had bought $1000 of PGR stock 5 years ago, it would be worth $2,409.80 today based on a price of $231.75 for PGR at the time of writing.

Progressive’s Performance Over Last 5 Years

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Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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