Prediction: Lemonade Will Soar Over the Next Five Years. Here's 1 Reason Why.
This auto insurance stock was once a lemon in its early years on the market. Now, the stock's gains are giving investors lemonade.The artificial intelligence space (AI) is booming, and Lemonade (LMND 3.44%) is unequivocally the AI-centered leader in renters, pet, car, and homeowners insurance. Having gone public five years ago, the insurance company's stock is relatively young, but it has great potential.Between 2020 and 2021, the company's share prices declined by 90%, primarily due to the high interest ra ...