Better Buy: Lemonade vs. Zillow
Lemonade (NYSE: LMND) and Zillow (NASDAQ: Z) both disrupted aging industries with their digital platforms. Lemonade's AI-powered app makes it easier to sign up for homeowners, renters, pet, and term life insurance. Zillow simplified the process of listing and searching for properties to buy and rent.
Both companies attracted a lot of investors. Lemonade, which was founded just six years ago, went public at $29 per share last July, opened at $50, and now trades in the high $80s. Zillow was founded 15 years ago and went public at $20 per share in 2011. Its stock more than doubled on the first trading day and is now worth more than $100 per share. Let's take a closer look at these two innovative companies and see if either stock is worth buying right now.
Image source: Getty Images.
Source Fool.com
