Is Ferrari a good share to buy?
Ferrari is one of the most consistently positively growing stocks. It almost never has a big downswing like this, tis the reason I asked. Every single projection for the stock is positive. They are not overvalued, they are not undervalued, they consistently have positive earnings reports, and they stay relevant. Ferrari has fallen from being regular podium contenders to often fighting for points. Inconsistent qualifying performances, questionable strategy calls, and fading race pace over a Grand Prix have cost the team valuable results – particularly in a season where the field has been exceptionally close.
Is Ferrari a good company to invest in?
This luxury car maker’s stock has worked out well for long-term investors. Ferrari (RACE +0. In 2021, the USA was again the largest single-country market for Ferrari but the recovery was strongest in China where sales nearly doubled.Economic and regulatory headwinds Ferrari’s ultra-wealthy clientele insulates it from most recessions, but no market is entirely immune. A global slowdown, currency volatility, or geopolitical unrest could dent demand, even at the top of the luxury pyramid.