We came across a bullish thesis on The Progressive Corporation on Value investing subreddit by OnTheStreetwithLou. In this article, we will summarize the bulls’ thesis on PGR. The Progressive Corporation’s share was trading at $228.76 as of December 2nd. PGR’s trailing and forward P/E were 12.50 and 14.24 respectively according to Yahoo Finance.
The Progressive Corporation operates as an insurance company in the United States. PGR presents an intriguing value opportunity despite...
