I am bullish on Lemonade stock, and it's not because of their insurance business. Companies like Wix, Monday.com, Rocket Companies, and Purple are masters in customer acquisition, this is the same case with Lemonade Insurance. I am long Lemonade since their IPO date because I understood that they are going to make users actually love their insurance company which until a few years back was an unheard concept.
Please remember that this video is not a recommendation or investing advice. I am not a financial advisor and I have no information on whether the stock of Lemonade will go up or down.
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