We came across a bullish thesis on Root, Inc. on Value investing subreddit by Creative-Cranberry47. In this article, we will summarize the bulls’ thesis on ROOT. Root, Inc.'s share was trading at $88.26 as of August 8th. ROOT’s trailing and forward P/E were 17.17 and 3.50, respectively according to Yahoo Finance.
[caption id="attachment_422531" align="aligncenter" width="750"]Root Insurance (ROOT) recently delivered its strongest quarter ever, crushing expectations with $382.9 million in revenue—13.2% above estimates—and an EPS of...
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