Asbury Research uses two proprietary models in its stocks and ETF selection process: Asbury Momentum and Asbury Value. Asbury Momentum buys strength in strongly trending stocks, and Asbury Value buys weakness within positive price trends. Progressive Corp (PDR) was an Asbury Value pick.
We have exited our July 19th long idea (per our Asbury Value Model) in Progressive Corp (PGR) at 66.64. today per this morning’s update in our Stock and ETF Ideas table (access requires subscription), capturing an 11.2% gain in 27 business days.
PGR also outperformed the S&P 500 (SPX) by 10.2% during the same period.
Asbury Research subscribers can view our latest research on the US stock market, market sectors, US interest rates, ETFs and commodities, as well as a table with our current picks in US stocks, ETFs, and global indexes, by logging into the Research Center via the big gold button in the upper right corner of the screen.
Subscribers and interested investors can view our most recent closed out trade ideas by Clicking Here.
To non-subscribers: Request more information about us, including service and pricing options, by visiting our Contact Us page or by calling 888-960-0005.