Tesla vs. Ferrari: Which Is the Better Stock?
(NYSE: RACE) and Tesla (NASDAQ: TSLA) have been two of the most popular automotive stocks over the past decade, with each of them carving out a unique niche in the auto space.
Tesla benefited for years as an electric vehicle leader and is looking ahead to a future built on automation and robotics -- both of which could be significant opportunities. Meanwhile, Ferrari has built its brand on decades of successful racing heritage, selling expensive supercars to an exclusive clientele.
If we judge these two companies solely on their share price gains, they've both been massively successful. Tesla's stock is up an astonishing 3,100% over the past decade, and Ferrari has gained 663% -- compared to the S 500's 234% increase. But which stock looks like the better automotive stock right now? Let's take a look.
Source Fool.com
Ferrari NV Stock
The stock is one of the favorites of our community with 22 Buy predictions and 1 Sell predictions.
As a result the target price of 475 € shows a very positive potential of 52.29% compared to the current price of 311.9 € for Ferrari NV.
