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Stock impact report

What Is One of the Best Auto Stocks to Own for the Next 10 Years? (Hint: An Upcoming Model Costs Nearly $4 Million.) [Yahoo! Finance]

Ferrari N.V. Common Shares (RACE) 
Last ferrari n.v. common shares earnings: 2/4 05:58 am Check Earnings Report
US:NYSE Investor Relations: corporate.ferrari.com/en/investors
Company Research Source: Yahoo! Finance
But each seems overvalued at recent levels, too -- and it's important to not only invest in great companies, but to do so at good or great prices. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. So here's a different automotive stock to consider: Italian automaker Ferrari NV (NYSE: RACE) . While a Ferrari car can cost you $250,000 to $500,000 or more, a share of the company's stock was recently going for around $390. Ferrari stock has averaged annual gains of 23% over the past decade, and is down 27% over the past year (as of March 30). Thus, the shares seem attractively priced, with a recent forward-looking price-to-earnings (P/E) ratio of 30 well below the five-year average of 41, and the price-to-sales ratio of 7.2 below the five-year average of 9.4. So let's take a closer l Show less Read more
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