Root, Inc.
Long

Great growth story: ROOT

268
Another great insurance company

Technical:
(+) Weekly breakout on volume. Chart and volume pattern is very nice.
(+) Consolidation on low volume at support level from previous leg.

Fundamental:
(+) Strong revenue increase yoy
(+) EPS increase, and turnaround to EPS positive last quarter + surprise
(+) Market Cap is quite low.
(-) Insider selling in november.

Low Risk Entry: ~75$
Price target: ~ 150 $
Stopp Loss: ~60-65$

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