How This Top Luxury Stock Makes a Comeback in a Critical Market
From Nasdaq: 2025-05-13 21:32:00
Ferrari (NYSE: RACE) continues to thrive with high margins, recession resilience, and exclusive vehicles. However, sales in China have hit a bump with a 25% decline. The company plans to launch its first fully electric supercar in hopes of boosting sales in China and benefiting from lower tariffs. Ferrari’s upcoming $3.8 million F80 could also drive significant earnings growth. The company’s stock has outperformed the S&P 500 over the past few years. Consider investing in Ferrari for potential growth opportunities with the launch of their EV and luxury vehicles.
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