AP Images for Progressive InsuraOne sign of a good stock is rapid revenue growth. Right now, some investors are chasing companies with fast revenue growth but scant earnings or none – the likes of Uber Technologies (UBER) and Tesla TSLA . Conditions therefore seem to favor LGI, which already boasted a 31% annual revenue growth rate in the past five years. Revenue growth for the past five years has been at a 28% annual clip. Its five-year revenue growth rate has been 23% a year, and was accelerating until the pandemic hit.
Source: Forbes July 20, 2020 15:25 UTC