binjh
commented on
The auto insurance sector has outperformed other financial stocks this year. Among them, Progressive's stock price has risen by more than 30%. Buffett has repeatedly praised Progressive for its "discipline in underwriting," and said in an interview that the company "does a better job" than Berkshire Hathaway's Geico.
■ Auto insurance prices have increased significantly since the epidemic
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■ Auto insurance prices have increased significantly since the epidemic
Inf...
![Progressive Corporation Has Risen More Than 30% This Year. Why Does Buffett Praise This Insurance Company?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240620/a4e09785217d4081adc55648b43c99bc.png?area=100&is_public=true/thumb)
![Progressive Corporation Has Risen More Than 30% This Year. Why Does Buffett Praise This Insurance Company?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240620/cd1479a3f2fc4f4e870d868bde137f95.jpg?area=100&is_public=true/thumb)
![Progressive Corporation Has Risen More Than 30% This Year. Why Does Buffett Praise This Insurance Company?](https://ussnsimg.moomoo.com/sns_client_feed/77777015/20240620/a9dbc1530da549d79a9af2606352ea88.png?area=100&is_public=true/thumb)
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binjh
commented on
RECAP
April rain better mean the stock market stops the pain by May: the market declined Tuesday, punctuated by the fall of fan favorite Tesla. The EV maker made less EV's than last year and dropped nearly 5%.
Stocks closed lower, the $S&P 500 Index(.SPX.US$ was recently down about 0.72%. $NASDAQ 100 Index(.NDX.US$ fell about 0.94%. $Dow Jones Industrial Average(.DJI.US$ fell 1%.
MACRO
Job openings recorded by JOLTS were just shy of expectations...
April rain better mean the stock market stops the pain by May: the market declined Tuesday, punctuated by the fall of fan favorite Tesla. The EV maker made less EV's than last year and dropped nearly 5%.
Stocks closed lower, the $S&P 500 Index(.SPX.US$ was recently down about 0.72%. $NASDAQ 100 Index(.NDX.US$ fell about 0.94%. $Dow Jones Industrial Average(.DJI.US$ fell 1%.
MACRO
Job openings recorded by JOLTS were just shy of expectations...
![Market Pull Back? Finally? | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240403/1712086699574-8c69778bb3.png/thumb?area=999&is_public=true)
![Market Pull Back? Finally? | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240403/1712088698775-426c2fd27e.png/thumb?area=999&is_public=true)
![Market Pull Back? Finally? | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240403/1712088772778-dbf7f4f15c.png/thumb?area=999&is_public=true)
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binjh
commented on
binjh : Progressive has cheap car insurance. Everyone is on a tight budget because they are raping the middle class to death. Stocks with cheap prices will do good.