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 12^th. RACE’s trailing and forward P/E were 34.22 and 31.35 respectively according to Yahoo Finance.

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 the most unique luxury businesses in public markets, with the investment thesis centered on the...