Jim Cramer on Progressive Corporation: “That Group Is Under a Lot of Pressure”
Key takeaways
- When a caller mentioned that it might be the time to start a position in the stock, Cramer said:
- You know, I gotta tell you, that group is under a lot of pressure…The group’s under a lot of pressure.
- During the March 12 episode, a caller asked if the stock was a buy, sell, or hold, and Cramer replied:
Jim Cramer on Progressive Corporation: “That Group Is Under a Lot of Pressure” Syeda Seirut Javed Wed, June 17, 2026 at 11:38 PM GMT+7 2 min read PGR TRV CB The Progressive Corporation (NYSE:PGR) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. When a caller mentioned that it might be the time to start a position in the stock, Cramer said:
You know, I gotta tell you, that group is under a lot of pressure…The group’s under a lot of pressure. I saw a downgrade today, Travelers to Sell. Travelers is a pristine company. I saw Chubb some cut numbers today. I don’t want you to touch it. When you see number cuts in an entire industry, it doesn’t matter how good this one company might be, and they’re a good company.
Photo by Jakub Żerdzicki on Unsplash The Progressive Corporation (NYSE:PGR) provides insurance for personal vehicles, residential properties, and commercial transportation fleets, as well as specialized business liability coverage and investment services. During the March 12 episode, a caller asked if the stock was a buy, sell, or hold, and Cramer replied: