Better Growth Stock: Lemonade vs. Root Insurance
Adding growth stocks to your investment portfolio is one way to tap into the potential of tomorrow's winners. These companies are innovators in industries poised for disruption and grow rapidly as they capture market share from legacy operators. The challenge lies in striking a balance between growth and profitability.
Two companies looking to upend a legacy industry are Lemonade Inc. (NYSE: LMND) and Root Inc. (NASDAQ: ROOT). These two insurers are growing rapidly and are refining their risk models to improve their bottom lines, and their impressive growth has captured the attention of investors. But which is a better buy today?
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Source Fool.com
