The Progressive Corporation (NYSE:PGR) is a top long-term low volatility stock to consider. Analyst Elyse Greenspan from Wells Fargo reaffirmed a Buy rating on PGR with a price target of $333. The company has shown strong growth in policies in force and maintains solid margins, making it an attractive investment option.

Greenspan believes The Progressive Corporation (NYSE:PGR) has the potential to continue capturing market share due to favorable reserve development. Despite recent underperformance in share price, the company is deemed attractively valued and trades at a reasonable multiple of the 2026 EPS estimate. PGR offers a range of insurance services through its various segments.

While PGR is seen as a solid investment, some AI stocks may offer higher upside potential with less downside risk. Investors seeking opportunities in AI stocks should explore other options for potential growth. For more insights on short-term AI stocks, refer to the provided link. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: Wells Fargo Reiterates a Buy Rating on The Progressive Corporation (PGR), Retains $333 PT