TRUP - This Insurance Company Could Quadruple Revenue Over the Next Decade
It's not every day that you find a financial company with explosive medium- and long-term growth potential. Then again, there is a healthy debate over whether pet insurer Trupanion (NASDAQ: TRUP) should be thought of as an insurance company in the first place.
Regardless of how you classify Trupanion's business, the growth in the pet insurance industry is undeniable and is only expected to intensify as consumer awareness grows.
The prospect of massive growth in the pet insurance market is the most important reason Trupanion investors are bullish. But investing in Trupanion definitely requires believing that more pet owners will opt to use the product.