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7/15/2024 1:41:39 PM Eastern Time

We are going long (LMND) @ $20.53
By Charles Payne, CEO & Principal Analyst

Long Idea: Lemonade, Inc. (LMND) @ $20.53
Industry: Financials; Property & Casualty Insurance
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SKINNY: We are going long Lemonade Inc (LMND) in the Swing model portfolio at the market. A breakout through $21.00, can lift shares higher. We are looking for a move to $22.00, then $23.00 and using $19.00 as the stop loss.

No Options - the spread is too wide.