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How This Blue-Chip Stock is Crushing the Bear Market

How This Blue-Chip Stock is Crushing the Bear Market

It's been a challenging year in the stock market, but you wouldn't know it by looking at Progressive's (NYSE: PGR) stock performance. Since the beginning of 2022, its stock has gained 30%, far outperforming the S&P 500, which is down 12.3% in that same period. Progressive's outperformance comes down to a couple of factors.