P&C insurance companies are hitting 52 week low’s, same as Insurance brokers. But this chart shows the long-term performance of Progressive Insurance. This was achieved on revenue and earnings growth. For now, the company pays $0.1 per quarter dividend and doesn’t buyback shares. Primarily they put all the capital generated back into the business. This is just 2 minutes review of the stock. I hope to dive deep into this name, for now, it is going into my watchlist.
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