Root, Inc: Disruptive Insurtech Delivers a Turnaround Quarter that Changes Everything
Spoiler: I am Sensing a mid-term 10x and long-term 100x Potential
Summary
Root shocked the market with break even adj. EBITDA and strong growth
Why I think Root has all the ingredients to be a long term success story in a highly attractive industry
Root is now faster growing and vastly more profitable than insurtech peer Lemonade, yet trades at an 85% discount
Disclaimer: This writeup is not investment advice and should n…