Bullbit
Stock Market
Jim Cramer on Lemonade, Inc. (LMND): “This May Be the Kind of Stock You Buy in One of These Sell-Offs”
- What: Jim Cramer has expressed optimism about Lemonade, Inc. (LMND) in a recent market downturn.
- Why: Cramer believes LMND could be a strong buy in a sell-off due to its potential for long-term growth.
- Signal: LMND's recent stock price of around $**40** could be a buying opportunity for investors.
- Target: Cramer's target price for LMND is not specified, but the stock has a 52-week high of around $**85**.
- Risk: Investors should be aware that LMND's stock price can be volatile and may decline further in a market downturn.