Meet the Monster Stock That Continues to Crush the Market

With a bit of consistency and patience, investing in the stock market can be an excellent way to build long-term wealth. Depending on your choices, some stocks will deliver stellar growth and outstanding returns, thanks to the sound business models and strong market positions of the companies they represent.One standout stock that achieved impressive returns over the past four decades is Progressive (NYSE: PGR). The stock returned an average of 19.3% annually over this period. That means a $10,000 investment in Progressive in 1985 would be worth almost $5.2 million today.This insurance company stock's performance has crushed the S&P 500 average along the way, but has mostly slipped under the radar in terms of publicity. What this shows is that some blue-chip stocks can be hidden gems you need to seek out and find.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool