Investment Thesis
Despite an unfavorable market reaction following its results, Lemonade (NYSE:LMND) in fact delivered excellent results across all metrics that are relevant for a growth company. With a diversified product portfolio and continued
Lemonade: Disruptive Company, Excellent Progress
Summary
- Lemonade, the disruptive insurance company, demonstrated excellent results with slightly accelerated growth of 91%.
- The long-term opportunity remains significant, with the Car product launch on the horizon.
- Since (some of) the hype behind the stock has cooled, the market currently offers a more reasonable entry point for investors.
With an engineering background, looking for companies with expertise to be well-positioned for growth and leadership.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of LMND either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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