Why Does Wall Street Hate The Progressive Corporation?

Updated
Why Does Wall Street Hate The Progressive Corporation?

In this segment from Friday's Where the Money Is, Motley Fool financial analysts Matt Koppenheffer and David Hanson take a question from a Fool reader, who writes, "Hey guys, great show. I just bought my first stock ever: Progressive . I did this based on Inside Value's recommendation and my own research...The company seems to be very good at managing risk and I like how they have a slight upper hand over other companies because they sell directly to the consumer, allowing for a higher margin like GEICO. I think Progressive definitely has the potential to grow over the next few years. What do you guys think?"

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The article Why Does Wall Street Hate The Progressive Corporation? originally appeared on Fool.com.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Progressive. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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