1 No-Brainer Artificial Intelligence (AI) Stock to Buy With $60 and Hold for the Long Term
2026-02-24 09:25:00 ET
Lemonade (NYSE: LMND) is on a mission to disrupt the insurance industry by using artificial intelligence (AI) to write quotes, process claims, and calculate premiums more accurately. It only offers five insurance products (car, renters, homeowners, life, and pet insurance), but it has attracted almost 3 million customers so far.
Lemonade has a plan to grow its in-force premium (IFP), which is the value of the premiums from all active policies, almost tenfold over the next decade. If the company pulls this off, it could translate into significant returns for shareholders.
After soaring by 94% in 2025, Lemonade stock has started 2026 on the back foot with a decline of 24%, but that might be an opportunity for investors who can now pick up a single share for under $60. Here's why it could be a great long-term addition to almost any portfolio.
NASDAQ: LMND
LMND Trading
-2.46% G/L:
$60.845 Last:
559,625 Volume:
$58.30 Open:
