Investing in automotive stocks offers more than just mass market or electric vehicle options. Ferrari (NYSE: RACE) stands out with a focus on brand strength, luxury, and scarcity. Despite a conservative 2030 outlook, the stock is trading 34% below its record high. With a price-to-earnings ratio of 34.3, Ferrari remains a strong investment for the next decade.

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Read more at Yahoo Finance: What Is 1 of the Best Auto Stocks to Hold For the Next 10 Years?