Where Will Lemonade Be in 1 Year?
After years of disappointing investors, Lemonade (NYSE: LMND) finally posted an accolade-worthy earnings report last month. The stock price, which had been sinking lower and lower, has made a comeback and is up 49% this year.
But one great quarter doesn't equal a high-quality stock. Where is Lemonade going, and what should investors expect in one year?
Lemonade touts itself as being a visionary business with a differentiated insurance model. The foundation of that difference is that it was built around artificial intelligence (AI) on a digital platform, which gives it key advantages.
Source Fool.com
