Progressive Corp
PGR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|^x | LOCK|%xhZZ | LOCK|%XcXXhJy |
Progressive Is Fully Exploiting Current Market Conditions
Business Strategy and Outlook
Progressive is one of the strongest franchises in the insurance industry and has consistently generated industry-leading returns, but it has seen fairly dramatic volatility as the auto insurance industry has been on a roller-coaster ride since the start of the pandemic.
