Shares of $RACE have gained more than 30% this year, which is very solid, and the company's stock has been rising for a long time. However, the stock currently strikes me as expensive.
Would it make sense for you to have $RACE stock in your portfolio and if so, at what price would you overbuy?
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.
I was about to buy a real alle then a fair price came up here on Bulios and it took the wind out of my sails... so now I'm waiting :)