Is Ferrari N.V. (RACE) A Good Stock To Buy Now?

Is RACE a good stock to buy? We came across a bullish thesis on Ferrari N.V. on Fazliddinxon’s Substack. In this article, we will summarize the bulls’ thesis on RACE. Ferrari N.V.’s share was trading at $354.91 as of June 12th. RACE’s trailing and forward P/E were 34.22 and 31.35 respectively according to Yahoo Finance.Why is Ferrari (RACE) still relying on its EV, even as Lamborghini backs off?

Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. RACE is positioned as one of...