1 Magnificent Stock Up Almost 700% in 9 Years: Is It a No-Brainer Buying Opportunity Right Now?
Ferrari(RACE) The Motley Fool·2024-11-23 08:36
There are some special businesses out there that just don't fit neatly into the traditional industry buckets. For example, while Ferrari (RACE 1.89%) is certainly a car manufacturer, it's also a world-renowned luxury brand. That distinctive combination has worked to its benefit.Since this automaker's initial public offering in October 2015, its stock has soared by 691% (as of this writing). That's a nearly eight-fold gain in roughly nine years' time. But with that impressive performance in the rear-view mir ...