Is Ferrari a good long-term stock?
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. The cheapest current Ferrari is the Roma, and although it might come with a starting price well north of $200K, used models from its debut 2021 model year have fallen under the $190,000 mark. What do you get with the Roma?Generally speaking, a Ferrari is usually more affordable than a Lamborghini. Also, Ferrari models tend to become collector’s items, making them a better investment in the long term.
Is Ferrari listed on the stock market?
Common shares of Ferrari are listed and can be traded under the ticker RACE on both the NYSE and Euronext Milan (previously named Mercato Telematico Azionario, “MTA”). For more information please see the “Stock Info” section. Fiat Chrysler Automobiles N. V. NYSE: FCAU/MI: FCA) (FCA) and its subsidiary Ferrari N. V. Ferrari”) announce today the pricing of Ferrari’s initial public offering of 17,175,000 common shares at an offering price of $52 per share for a total offering size of $893.