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 $65.79 as of January 28th. ROOT’s trailing and forward P/E were 19.56 and 2.52, respectively according to Yahoo Finance.
Root, Inc. provides insurance products and services in the United States. The company offers automobile and renters insurance products. ROOT is increasingly demonstrating the power of its data and AI-driven edge, as evidenced by improving loss ratios and a successful...
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