Progressive Is A Buy Ahead Of Earnings
Progressive(PGR) Seeking Alpha·2024-07-08 12:39
teekidProperty and casualty insurers aren’t necessarily the first place investors go for market-beating returns, but there are certainly big winners in the space if you are choosy. One such long-term winner is Progressive Corp. (NYSE:PGR), which reports earnings next week. Ahead of the earnings report, let’s take a look at why I think the bias is up into and after the report. Consolidation almost over? That’s the key question right now, as PGR has basically not moved since the middle of March. We had a ...