What do you think is a fair price for $RACEstock ?
Ferrari's stock has been rising solidly for a long time, and the company is doing quite well. The stock is currently expensive for me, but at a lower price I might think about buying it.
A community member's personal view, not investment advice. Community Guidelines
AA
I don't know. On the chart, the price is right pretty high due to the growth in recent years, but now the value is just under $100 billion, and for their debt and profitability, it's not that much. But revenues are low compared to other companies valued that way.
BC
Agreed, the price is high, I haven't studied the company that much, but I'm intrigued by it as their focus and the business is different than other car companies.