Jim Cramer Looked Closely At These 10 Stocks

2. The Progressive Corporation (NYSE:PGR)

Number of Hedge Fund Holders: 95

When a caller mentioned that they have started building a position in The Progressive Corporation (NYSE:PGR), Cramer said:

“I hear behind the scenes over and over again that they are the most AI-related auto insured, the best at pricing. I salute you for going with Progressive.”

Progressive (NYSE:PGR) offers a wide range of personal and commercial insurance, including auto, home, and business coverage. In December 2024, Cramer noted that PGR was among the companies that hit $100 billion in market cap in 2024 and commented:

“Next we have Progressive. Now it’s up 60%. This auto insurer is known to use more AI in pricing than any other company… The insurance business is on fire and we know from these egregious CPI numbers, one comes out this Wednesday, they just keep raising rates. These three are winners for certain.”