10 Best Non-Tech Stocks to Buy Now for Long Term

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5. The Progressive Corporation (NYSE:PGR)

Number of Hedge Fund Holders: 100  

The Progressive Corporation (NYSE:PGR) is an insurance holding company. The firm reported a net income of $942 million for December 2024, reflecting a 5% increase from $901 million in December of the prior year. In February, Progressive Insurance, a key subsidiary of Progressive Corp, announced its new role as an official sponsor of the MotoAmerica Championship, North America’s premier motorcycle road racing series. This three-year partnership underscores Progressive’s commitment to supporting motorsports and engaging with the motorcycle community to expand its brand presence in the racing world.

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