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Could Buying Ferrari Stock Today Set You Up for Life?
The Motley Foolยท 2025-10-18 07:50
Ferrari's exclusive supercars are in high demand and are very profitable.Ferrari (RACE 1.75%) garnered a lot of attention lately when the luxury automaker held its Capital Markets Day, where management issued 2030 guidance that was slightly lower than expected. Many investors sold off the stock as a result. Ferrari investors have enjoyed years of strong earnings and returns -- the stock is up 578% over the past decade -- which may have set expectations too high.In the wake of Ferrari having its worst-ever t ...