Here's Why Lemonade Stock Could Still Be a Bargain

Insurance-technology stock Lemonade (NYSE: LMND) has been on fire lately. Since the beginning of November, shares of the rapidly growing insurer have gained more than 85%. However, it's important for investors to know that the company's market cap is still rather small compared to its massive market opportunity. Insurance is a multitrillion-dollar market opportunity that's ripe for disruption. 

In this Fool Live video clip from the Nov. 30 Industry Focus show, Fool.com contributor Matt Frankel, CFP, and host Jason Moser discuss why Lemonade could still be in the very early chapters of its growth story.

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Source Fool.com