Red-Hot EverQuote Stock - LeadCloud News
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Red-Hot EverQuote Stock
06 March 2020

Red-Hot EverQuote Stock

Throughout 2019, EverQuote reported 20%-plus revenue growth quarter after 20%-plus revenue growth quarter. The stock roared from $4 in late 2018 to $40 today.

You read that right. EverQuote stock is up a whopping 900% in just over a year. Naturally, the question now is: can the big rally last?

I have my doubts. EverQuote is in the right market, at the right time, with ample growth drivers to sustain big growth. But, there are risks. There’s lots of competition in the market. Barriers to entry are low. There’s some red flags surrounding the company’s big growth surge this year and shares are far from cheap.

Read full article here - https://investorplace.com/2020/02/caution-warranted-with-red-hot-everquote-stock/

 

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