Where Will Ferrari Stock Be in 10 Years?

The luxury supercar maker still has a bright future. Ferrari (RACE -0.74%), one of the world's most well-known luxury supercar makers, went public at $52 on Oct. 21, 2015. The stock now trades at about$474 -- so a $10,000 investment would have blossomed into more than$91,000 in just under nine years. But can this hot auto stock head even higher over the next decade? An evergreen business model Most of Ferrari's vehicles cost $200,000 to$600,000, so it mainly serves extremely wealthy customers who are wel ...