Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Root, Inc. (ROOT): A Bull Case Theory

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"] Tashatuvango/Shutterstock.com[/caption]

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...