$Lemonade, Inc.(LMND)$ do not flutter when the price goes down, do not gloat when the price went up, so long ylu set your sight on a good company and stick to it.
Although this is a stock with potential in the long term, I'm a little skeptical about how fast its growth can be, given that their insurance plans are diversifying not that fast. And with a guarantee payout, which is using investors $$, although it buys the heart of the customers, but I think it will rather long time before it starts making $$.
😨😨the millenials now will also enter job market, will get a family etc. They will need more insurance along the way as their wealth grow. Lemonade's strategy is what the Chinese will say 放长线钓大鱼
Lemonade started at underperform with $29 stock price target at BofA Securities