facebookIf you were to recommend a stock for people to buy, would it be? I mean there must be a reason why you believe in the company's prospects so why that company? - Seedly

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Anonymous

25 May 2021

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SeedlyAMA

If you were to recommend a stock for people to buy, would it be? I mean there must be a reason why you believe in the company's prospects so why that company?

AMA ShareInvestor

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Victor

25 May 2021

Financial Service Consultant at AIA

Tesla, it is moving itself to become a data company

Hey Anon!

I will like to share my view on this particular stock:
Lemonade (LMND)

About
This is a company which provides insurance services. They are also committed to give back certain portion to the community.

Reason
Even though this company just recently IPO a few months ago, and its still a small company in a wide industry, but the company be expanding consistently. Recently ending of 2020, the company expanded into France. As of now, they are still expanding within US region and certain European region.

Reference for source:
https://www.lemonade.com/blog/lemonade-expansio...

I did write an article with brief summary of the company on my blog below:
https://investorean.blogspot.com/2021/01/lemona...

Do note that this is not a buy call and please do your own due diligence!

Disclosure: I do own shares of Lemonade.

Chris

08 Jan 2021

Owner and Writer at Tortoisemoney.com

Generally, when I look for companies, I look for a few main things:

  • Growth in the industry

  • Gro...

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