NYSE:RACEAuto
Ferrari (RACE) Stock Looks Strong On Returns But Rich On Earnings
Ferrari stock has delivered a strong 90.1% return over the past five years, yet its current valuation screens as expensive on Simply Wall St's checks, raising the question of how much of the story is already priced in after a recent pullback.
Over five years, Ferrari has returned 90.1%, which places recent weakness in the last year in the context of a longer period of strong gains.
The launch of the limited-edition 12Cilindri Manuale and a fully booked order book for about two years can...