1 Strong AI-Based Insurance Stock That Isn't Lemonade
Artificial intelligence (AI) stocks have become increasingly popular in 2021, spurred by companies like Lemonade (NYSE: LMND) or Zillow making integral use of AI in their business. While companies have had varying degrees of success, it is clear that AI will be a powerhouse of the world a decade from now.
Many companies have brought AI to the world of insurance, using it as the primary point of determination for loan approval and user acceptance. While many investors know Lemonade, there is one company that doesn't get talked about as much that came public in August 2021. That stock is CCC Intelligent Solutions (NYSE: CCCS). Does CCC deserve a place on your watch list? Let's find out.
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Source Fool.com
