Ferrari Q3 Earnings: Lower Shipments Is Great News

Group 1 - The article criticizes the negative headlines regarding Ferrari N.V. (NYSE: RACE) related to a decline in shipments, suggesting that such reports are misleading [1] - The focus is on long-term growth and dividend growth investing, emphasizing the importance of profitability over low valuation [2] - Key metrics for evaluating companies include margins, free cash flow stability and growth, and returns on invested capital [2] Group 2 - The author has a beneficial long position in Ferrari shares, indicating confidence in the company's future performance [3] - The article expresses personal opinions and does not involve compensation from any company mentioned [3]