Is Progressive Corporation (PGR) the Best Low Volatility Stock to Buy Now?
From Yahoo Finance: 2025-04-20 09:20:00
Progressive Corporation (PGR) is one of the best low volatility stocks to watch. With a 5-year monthly beta of 0.38 and 100 hedge fund holders, PGR offers stability in uncertain market conditions. Their recent financial performance shows strong growth, with net premiums written up 17% in Q1 2025.
The US stock market faced volatility in the first quarter of 2025 due to trade tensions and tech stock uncertainty. The emergence of China’s AI software, DeepSeek, caused global investor sell-offs and prompted the US government to implement policies favoring US tech firms.
US-China trade tariffs have reached 145%, impacting tech industries like Progressive Corporation (PGR). The Federal Reserve maintains interest rates between 4.25% and 4.50% amidst stagflation concerns. The Cboe Volatility Index (VIX) is at 32.64%, indicating high price fluctuations in the market.
Investors are turning to low-risk, low-volatility stocks amid market uncertainty. This investment strategy has outperformed in 2025, with Joe Gilbert recommending it as a safe haven. Insider Monkey ranks PGR as the 8th best low volatility stock, but points to promising AI stocks for greater returns.
The Progressive Corporation (PGR) is a key player in the US insurance market, offering a range of insurance products. Trade tariffs may impact PGR’s underwriting costs and demand for insurance products. Financially, PGR saw strong growth in Q1 2025, with a 21% increase in revenue and 17% rise in net premiums written.
Overall, PGR ranks 8th on the list of best low volatility stocks. While PGR shows promise, AI stocks may offer higher returns in a shorter time frame. Consider exploring Insider Monkey’s report on the cheapest AI stock for potential investment opportunities.
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