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Ferrari N.V. (RACE): A Bull Case Theory

We came across a bullish thesis on Ferrari N.V. (RACE) on Hidden Market Gems’ Substack. In this article, we will summarize the bulls’ thesis on RACE. Ferrari N.V. (RACE)'s share was trading at $482.61 as of 6th June. RACE’s trailing and forward P/E were 47.96 and 46.51 respectively according to Yahoo Finance.

[caption id="attachment_946968" align="aligncenter" width="750"] Photo by M on Unsplash[/caption]

Porsche and Ferrari both build high-performance, high-prestige cars, but only one commands mythological status in the eyes of the market. While Porsche is undeniably...