Beyond the EV Stock Craze: 1 Auto Stock Investors Could Be Overlooking
If you're an investor, it's pretty easy to get swept up in the electric vehicle (EV) stock craze. After all, it's almost certain to be the future, and it's still in the early innings of the evolution and transition -- a solid combination for great returns.
As a result, many investors may be overlooking a hidden gem that's thriving and doesn't share many of the concerns that traditional automakers do. Here's exactly why investors should have a glance at (NYSE: RACE) and its lucrative business.
There are a number of factors that many investors despise about the automotive industry. It is notorious for being capital-intensive, low-margin, and highly susceptible to economic cycles.
Source Fool.com
Ferrari NV Stock
€399.80
1.260%
We see a rather positive sentiment for Ferrari NV with 14 Buy predictions and 1 Sell predictions.
As a result the target price of 412 € shows a slightly positive potential of 3.05% compared to the current price of 399.8 € for Ferrari NV.
