44th Anniversary Buy-and-Hold Pick: Lemonade (LMND)

Schaeffer's Investment Research turns 44 this month! We are the same age as Kim Kardashian and Justin Timberlake. We want to thank our loyal subscribers and readers for joining us on this journey within the options industry. To show our gratitude, we released a free report on our Top Stock Picks to buy (and hold) for the rest of 2025. Below is a snippet, but click here to access the entirety of the report.

Disclaimer: The levels discussed were taken from an LMND chart on July 1, so price action may have shifted the chart.

Shares of insurance provider Lemonade Inc (NYSE:LMND) are outperforming on the charts, up over 15% year to date. The stock experienced a harsh correction from November through April, dropping more than 50% before finding support at the site of its July 2023 and 2024 highs.

Despite a brief drop below the 200- day moving average, the security recovered in late April. Now LMND has broken above the formerly resistant $38 level and looks to be trending upward.

Regarding short interest, 30.6% of the stocks available float is sold short, and it would take shorts more than seven days for to buy back their bearish bets, at LMND's average pace of trading. There is also room for bull notes, should any of the 10 bearish leaning analysts covering the equity begin to reverse course.