The Opportunity I Waited For: Ferrari Crashes 16% And I Am Buying (Rating Upgrade)

Ferrari held its Capital Markets Day earlier today. While I am writing this article, I am seeing the stock plummet. It was down 7% when I first started reading the two press releases, and now the stock has been suspended fromI’m a long-term investor focused on U.S. and European equities, with a dual emphasis on undervalued growth stocks and high-quality dividend growers. Through years of experience, I’ve learned that sustained profitability—evident in strong margins, stable and expanding free cash flow, and ...