10 Best NYSE Stocks to Buy for Long Term Investment

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1. The Progressive Corporation (NYSE:PGR)

3-Year Revenue CAGR: 17.76%

Number of Hedge Fund Holders: 91

The Progressive Corporation (NYSE:PGR) is one of the best NYSE stocks to buy for long term investment. On June 2, Progressive Insurance unveiled “Open the House,” which is a new multi-year initiative aimed at advancing homeownership education and affordability, particularly for first-generation homebuyers.

One of the components of the initiative is the UpPayment program, which offers a $13,500 grant to up to 100 qualified first-generation homebuyers to remove some financial barriers like down payments. In 2024, Progressive Corporation allocated over $7 million to support families in purchasing, retaining, and building a lasting legacy through homeownership.

The “Open the House tour” will feature a “home on wheels” that travels to cultural events across the US in 2025 to educate prospective homebuyers. Additionally, the “Recipe for Homeownership” is a video series featuring financial wellness experts and special guests discussing homeownership and financial well-being. Later this summer, Progressive will launch “Home Appraisal Help,” which is an online resource developed in collaboration with The Appraisal Foundation to educate homeowners on the appraisal process and assist them in obtaining accurate home valuations.

While we acknowledge the potential of PGR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PGR and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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