For many people, insurance is the zenith of boring. On the plus side, insurance companies make a lot of money. It’s why investing titans like Warren Buffett, Carl Icahn, and Prem Watsa invest in insurance stocks.
Investors often think the insurance industry is fraught with risk because it pays out money to clients. But in-house statisticians make sure that doesn’t hurt the insurance companies’ finances.
One insurance company that investors should pay attention to is Lemonade Inc (NASDAQ:LMND).
The post Why Wall Street Analysts Think Lemonade Stock Has 372% Upside originally appeared at Profit Confidential.