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 Stock
€341.55
-1.010%
With 26 Buy predictions and 1 Sell predictions Ferrari NV is one of the favorites of our community.
With a target price of 417 € there is a positive potential of 22.09% for Ferrari NV compared to the current price of 341.55 €.
