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Is Lemonade a Future 10-Bagger or Should You Stay Away?

TheMotleyFool

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Is Lemonade a Future 10-Bagger or Should You Stay Away?: https://g.foolcdn.com/editorial/images/709378/lemonade.jpg

Insurance disruptor Lemonade (NYSE: LMND) clearly has a happy customer base and management is doing a good job of growing the business. However, the company continues to burn through cash and its path to profitability remains unclear. In this video, Matt Frankel, CFP®, discusses Lemonade's latest results, the company's long-term potential, and the unanswered questions investors should be concerned about.

*Stock prices in this video are as of midday on Nov. 14, 2022. This video was published on Nov. 14, 2022.

Source Fool.com

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