Buy These 5 High-Flying Non-Tech Giants With More Room to Run [Yahoo! Finance]
Progressive Corporation (The) (PGR)
Last progressive corporation (the) earnings: 4/15 08:35 am
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US:NYSE Investor Relations:
investors.progressive.com
Company Research
Source: Yahoo! Finance
Consequently, the tech-heavy Nasdaq Composite Index took the lead role in enabling U.S. stock markets to resume their northward journey after a highly disappointing 2022. Moreover, the ongoing tech rally was led by a massive thrust toward artificial intelligence (AI), especially generative AI. The rapid penetration of digital technologies and the Internet worldwide during the lockdown ushered in significant adoption of AI. Aside from technology stocks, several stocks from non-technology sectors have also flourished year to date. Moreover, companies that have extensive applications of AI in their final products have become multi-baggers in the past 15 months. As a result, their current overstretched valuation makes them less attractive to investors. Market participants are shifting more toward cyclical sectors. This trend is likely to gather pace in the second quarter of 2024. Our Top Picks We have narrowed our search to five non-technology giants (market capital $50 billion
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PGR
News
- Here's Why Progressive (PGR) was 31% Up in Q1 [Yahoo! Finance]Yahoo! Finance
- Buffett Devotees Head to Omaha for First Meeting Without Munger [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Buffett Devotees Head to Omaha for First Meeting Without Munger [BNN Bloomberg (Canada)]BNN Bloomberg
- Progressive Announces Investor Relations Call [Yahoo! Finance]Yahoo! Finance
- Progressive Announces Investor Relations CallGlobeNewswire
PGR
Earnings
- 4/12/24 - Miss
PGR
Sec Filings
- 5/1/24 - Form PX14A6G
- 4/19/24 - Form 4
- 4/17/24 - Form 144
- PGR's page on the SEC website