Lemonade is an innovative company, but that's not translating to great earnings right now.
Some companies have to "prove it" before getting investor trust. Lemonade (LMND -0.46%) is one of the companies that has a compelling business model, but the company hasn't proven it can make money. Travis Hoium and Jason Hall discuss the company's recent earnings results and what investors need to see over the long term before the stock will be a buy.
*Stock prices used were the end-of-day prices of Nov. 8, 2022. The video was published on Nov. 10, 2022.
Jason Hall has positions in Lemonade, Inc. and Upstart Holdings, Inc. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lemonade, Inc. and Upstart Holdings, Inc. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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