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PGR / This Blue Chip Insurance Stock Plummeted 13% In 1 Day: Should Investors Be Concerned?

Progressive missed top- and bottom-line estimates in the second quarter, and the stock had its largest one-day drop in two decades. The insurer's losses outpaced premium growth during the period. Read More

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This

Blue

Chip

Insurance

Stock

Plummeted

Day

Should

Investors

Concerned

PGR

Posted: Jul 18 2023, 13:45

Author Name: The Motley Fool

PGR News

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I analyze stocks for market mispricing based on projections and historical data. The P/E multiple for The Progressive Corporation has more than double

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Here's Why You Should Retain Progressive (PGR) Stock for Now

Progressive (PGR) seems well-poised on improving premiums, steady policy life expectancy, investment in technology and a solid capital position.

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