Luxury brands and goods work great, but cars aren't far behind either

Community

· Jun 20

Luxury brands and goods work great, but cars aren't far behind either.

Ferrari $RACE has been breaking through the stable to new heights in recent months, and the current trend seems absolutely unbreakable.
The stock has gained over 40% since the beginning of the year.

A community member's personal view, not investment advice. Community Guidelines

Bill Combs @billcombs Jun 20

I have to say, it's interesting and I would love to buy shares in a company with a luxury brand. Well, thanks for the tip.

Ralphie Barlow @ralphiebarlow Jun 20

Ferrari is a very strong brand and even though they are growing now, they still have potential. But I don't have representation in this sector.

Ashraf Aboudar @ashraf_dd Jun 20

I don't have them either, but I've been looking at them on covid. I'm a little sorry now, but what can you do...

Nikolas Gabriels @nikgab Jun 20

What I liked about the luxury car brands was that even last year, when everyone was expecting a crisis and an apocalyptic scenario, these companies were talking about record deliveries and assured demand for the next few months and years ahead. A really cool industry.

Ashraf Aboudar @ashraf_dd Jun 20

The stock's up a lot. Now it's really a megatrend.

⌘ K

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