Better Buy: Lemonade vs. Progressive

Better Buy: Lemonade vs. Progressive

Market volatility has hurt up-and-coming companies like Lemonade (NYSE: LMND), which looks to upend the insurance industry. Meanwhile, companies with steady cash flows like Progressive (NYSE: PGR) have held up better amid this recent volatility. With Lemonade trading near its lowest prices ever while Progressive is near its highest, which stock is a better buy today?