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Ferrari NV (RACE IM) Eur234.50

Ferrari needs no introduction but subscribers might not realise how successful the stocks been since its IPO – it appears that lots of people want to own a Ferrari & / or a piece of the company. However the company is also really delivering on the margin front which has helped the share price surge almost 30% in just a few months – in Q3 their net profit rose 21% to 207 million Euros on 1.05bn revenue,  my slight concern is how can they continue to grow when the brand is all about exclusivity.

MM is neutral to bullish Ferrari
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Ferrari NV (RACE IM)
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