This Little-Known Growth Stock Is Up 1,262% Since the Start of 2024. Here's Why It's Just Getting Started.
Since the start of 2024, Root's (ROOT 7.86%) stock has surged 1,262% higher. The surge reflects the disruptive insurance company's solid progress in several key areas. Root has grown its customer base and written more policies. More importantly, it has sharpened its underwriting capabilities, leading to improved profitability.The company has crushed analysts' earnings expectations for several quarters in a row, resulting in a surprising profit in 2024. Root is establishing itself as a contender in the autom ...