We came across a bullish thesis on Root, Inc. on Rose’s Substack by Rose Celine Investments. In this article, we will summarize the bulls’ thesis on ROOT. Root, Inc.'s share was trading at $79.37 as of October 21st. ROOT’s trailing and forward P/E were 17.70 and 3.44 respectively according to Yahoo Finance.
Root, Inc. (ROOT) is a young car insurance company focused on simplifying the process of buying insurance, making it faster, easier, and more user-friendly. The company has multiple growth avenues: direct sales through its app or website, partnerships with companies like...
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