What Happened After Jim Cramer Talked About These 13 Stocks

7. The Progressive Corporation (NYSE:PGR)

Number of Hedge Fund Holders: 100

A caller asked Cramer if it was a good time to buy The Progressive Corporation (NYSE:PGR), especially after their own personal frustrations with rising insurance premiums. At the time, Cramer not only endorsed the stock but praised Progressive’s advanced pricing model and leadership in AI among insurers. Here’s what he said then:

“Yes, the answer is absolutely yes. […] I will tell you this: Progressive is doing incredibly well. By the way, they are the most AI-oriented of all the insurers. Interesting, isn’t it? They price really, really well now.”

Cramer’s call was pretty accurate, with the stock being up by 23.83% since then.

Almost one year later, Cramer still holds firm in that opinion. When a caller mentioned that they have started building a position in The Progressive Corporation (NYSE:PGR) in February this year, Cramer once again 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.”