Inflation Have You Worried? Consider This Long-Term Market-Beating Stock
The stock market has been unkind to investors through the first two and a half months of 2022. Since the beginning of the year, the S&P 500 has lost 12% and is in correction territory.
Progressive (NYSE: PGR), the property and casualty insurer, is up 3.6% on the year despite the sell-off in the broader market. Progressive's outperformance goes back much further. Since the beginning of 2000, Progressive has delivered an eye-popping 3,260% return compared to the S&P 500's 327% in that same time. This performance is comparable with Amazon during that same time!
Source Fool.com