Progressive Corp
PGR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?Pm | LOCK|L&&$^ | LOCK|Sk^CLVk |
A Strong Market and Some Smart Decisions Have Boosted Progressive's Results
Business Strategy and Outlook
Progressive is one of the strongest franchises in the insurance industry and has consistently generated industry-leading returns; however, it has experienced fairly dramatic volatility as the auto insurance industry has been on a rollercoaster ride since the start of the pandemic.
