Is Ferrari Stock a Buy?
The automotive industry is typically not a place you'd look to find winning investment ideas. The industry is capital-intensive, cyclical, and produces low margins. That's not a recipe to make outsized long-term returns.
But there's one business in particular that has bucked this trend. I'm talking about (NYSE: RACE). In the past five years, shares of this luxury car company have soared 216%, crushing the S 500 in spectacular fashion.
With the auto stock slightly off its all-time high, is now the time to add Ferrari to your portfolio?
Source Fool.com
Ferrari NV Aktie
382,60 €
-0,13 %
Leichte Buy-Präferenz bei der Ferrari NV Aktie.
Bei einem Kursziel von 411 € ergibt sich ein leicht positives Potenzial von 7.42% im Vergleich zum aktuellen Kurs von 382.6 € für Ferrari NV.
