Before You Buy Lemonade, Here's an Insurance Stock I'd Buy First
Lemonade (NYSE: LMND) burst onto the scene when it went public in July 2020 thanks to its innovative approach to insurance and a commitment to social good. In the past year, the market has been tough on rapidly growing yet unprofitable companies such as Lemonade. While Lemonade's long-term growth potential is appealing, it has work to do to become profitable.