Progressive Aktie News

Progressive is a leading auto insurer in the U.S. that has a long history of delivering market-beating returns. The company consistently outperforms its peers thanks to superior risk management and pricing ability.

Progressive has historically produced an insurance underwriting profit. The third quarter proved an exception.

If you're looking to diversify your stock portfolio away from AI, Bank of America has some suggestions.

The current market environment shows heightened valuations, as indicated by metrics such as the Shiller price-to-earnings ratio. Despite the prevailing high valuations, investors can still find value in companies today.

GOOG was a top performer following strong core business results and the accelerated adoption of its AI offerings. TEL was a top performer as it is benefiting from AI spending plus delivering stronger margins despite a mixed demand environment in other end markets. Trucking stocks in general, and ODFL specifically, have had challenging performance during the quarter due to the lingering softness...

Intuit posted a quarter that met expectations, but its revenue forecast was below consensus, sending the stock lower. We initiated a position in Oracle during the period but were underweight on average, which detracted from performance compared with the benchmark. Despite Progressive's solid businesses, the insurance sector faced pressure, and we opted to redeploy capital into areas with strong...

The stock market has surged this year, and some investors have grown concerned about lofty valuations. Progressive is an auto insurer that has historically rewarded investors, but its shares are down more than 30% from their all-time high.

Car insurers have been bracing for the fallout from a trade war, but it's a price war they should be more worried about.