Lemonade Stock Is the Real Deal
The excitement of a stock's initial public offering (IPO) can be undone by the scrutiny that goes along with it. Finding a high-quality company that can turn an exciting concept into a valuable business is a difficult task. But it pays off when you find one that actually makes good on its sky-high potential.
Lemonade (NYSE: LMND) is a perfect example of an IPO that is entirely worth the added volatility. Insurance is an industry that's ripe for disruption, and Lemonade is on its way to doing it with a different kind of business model and a huge technological advantage. With the company coming off its first quarterly report as a public entity, let's take a closer look.
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Source Fool.com
