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Better Buy: Lemonade vs. Progressive

TheMotleyFool

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It's no secret that the market has been volatile for months now. Since the start of 2022, the S&P 500 has been down 17%.

Market volatility has hurt up-and-coming companies like Lemonade (NYSE: LMND), which looks to upend the insurance industry. Meanwhile, companies with steady cash flows like Progressive (NYSE: PGR) have held up better amid this recent volatility.

With Lemonade trading near its lowest prices ever while Progressive is near its highest, which stock is a better buy today?

Source Fool.com

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