$100 Invested In Ferrari 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Ferrari (NYSE:RACE) has delivered an average annual return of 27.41%, outperforming the market. A $100 investment in RACE 5 years ago would now be worth $324.75. Ferrari's market cap stands at $63.85 billion.
November 16, 2023 | 4:00 pm
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Ferrari's stock has significantly outperformed the market with a 27.41% average annual return over the past 5 years, turning a $100 investment into $324.75.
The historical performance of Ferrari's stock is a strong indicator of its robust growth over the past 5 years. This track record may continue to attract investors, potentially driving the stock price up in the short term.
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