This Growth Stock Could 10x in 10 Years

Insurance is one of the largest industries in the world, generating over $5 trillion in premiums each year. But it's also a highly fragmented industry. In fact, many of today's leaders have been around for a century or longer, and none has more than 4% market share. Moreover, these titanic enterprises were built on old technologies, meaning they weren't designed for state-of-the-art data science.

But Lemonade (NYSE: LMND) was built for big data. Here's why this stock could grow tenfold over the next decade.

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Source Fool.com