Here's How Much You Would Have Made Owning Ferrari Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Ferrari (NYSE:RACE) has produced an average annual return of 27.58%, outperforming the market by 15.98% annually. A $100 investment in RACE stock 5 years ago would be worth $329.54 today. Ferrari's market capitalization currently stands at $64.00 billion.
December 04, 2023 | 5:30 pm
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Ferrari's stock has significantly outperformed the market with a 27.58% average annual return over the past 5 years, indicating strong performance and potential investor confidence.
The article highlights Ferrari's exceptional performance over the past 5 years, which is likely to instill investor confidence and could lead to continued interest in the stock. The historical return data provided may positively influence investor perception and the stock's short-term performance.
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