Reported 7 days ago
A bullish thesis on Root, Inc. suggests significant growth potential following its record Q2 performance with $382.9 million in revenue and a notable EPS beat. With current P/E ratios that position it as a low-cost growth stock and ambitious plans to expand its market footprint, including partnerships and diversification into other insurance types, analysts foresee a lucrative future despite recent volatility.
Source: YAHOO