Can Lemonade 10X its Way to Becoming the Next Big Brand in Insurance?

Source The Motley Fool

In this video, Motley Fool contributor Jason Hall breaks down how Lemonade (NYSE: LMND) is building a different (and maybe better) insurance brand. Check out the video to see his prediction about the stock going forward.

*Stock prices used were from the afternoon of Nov. 21, 2024. The video was published on Nov. 25, 2024.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

  • Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $368,053!*
  • Apple: if you invested $1,000 when we doubled down in 2008, you’d have $43,533!*
  • Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $484,170!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of November 18, 2024

Jason Hall has positions in Lemonade and has the following options: short November 2024 $39 calls on Lemonade. The Motley Fool has positions in and recommends Lemonade. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Understanding the first crypto market crash of 2024 and what to expect nextThe 365-day MVRV ratio suggests that this crash may be just the beginning. If the ETF is rejected before the second quarter of 2024, it could trigger a sharp correction.
Author  FXStreet
Jan 04, Thu
The 365-day MVRV ratio suggests that this crash may be just the beginning. If the ETF is rejected before the second quarter of 2024, it could trigger a sharp correction.
placeholder
Japanese Yen stands tall near one-month top against USD on hawkish BoJ talksThe Japanese Yen (JPY) rallied to the highest level since early February against its American counterpart on Friday amid bets for an imminent shift in the Bank of Japan's (BoJ) policy stance.
Author  FXStreet
Mar 11, Mon
The Japanese Yen (JPY) rallied to the highest level since early February against its American counterpart on Friday amid bets for an imminent shift in the Bank of Japan's (BoJ) policy stance.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, Mon
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
placeholder
XRP Gains Momentum: Whale Activity Points To $15 BreakthroughXRP is gaining prominence in the cryptocurrency market, propelled by a substantial purchasing surge from major investors referred to as whales. Related Reading: Upbit Listing Sends BONK Skyrocketing
Author  NewsBTC
Nov 22, Fri
XRP is gaining prominence in the cryptocurrency market, propelled by a substantial purchasing surge from major investors referred to as whales. Related Reading: Upbit Listing Sends BONK Skyrocketing
placeholder
XRP Price Reaches 3-Year High At $1.6 – 2 Ways It Can Go From HereThe XRP price recently surged to a three-year high of $1.6, marking a significant milestone in the cryptocurrency’s recent bullish rally. This remarkable price movement has garnered the attention of many analysts as investors continue to project the trajectory of the price.
Author  NewsBTC
12 hours ago
The XRP price recently surged to a three-year high of $1.6, marking a significant milestone in the cryptocurrency’s recent bullish rally. This remarkable price movement has garnered the attention of many analysts as investors continue to project the trajectory of the price.
goTop
quote