2024-02-19 23:53:09 ET
Summary
- Hagerty, Inc. has experienced consistent growth since becoming a publicly traded company, with third quarter 2023 total revenue increasing by 27%.
- The company's combined ratio, as a measure of profitability, is better than its peers.
- Hagerty's unique business model and strong fundamentals make it a compelling choice for potential investors, despite concerns about its complex equity structure.
Hagerty, Inc ( HGTY ) is a multi-faceted automotive lifestyle brand, with a core offering of providing insurance service for vintage and classic cars....
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Hagerty: An Overlooked, Fast Growing Niche Insurance Stock