Here's How Much $1000 Invested In Ferrari 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Ferrari (NYSE:RACE) has produced an average annual return of 27.93%, outperforming the market by 13.89% on an annualized basis. A $1000 investment in RACE 5 years ago would be worth $3,509.27 today. Ferrari's market capitalization currently stands at $60.97 billion.
December 22, 2023 | 3:30 pm
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Ferrari (NYSE:RACE) has significantly outperformed the market with a 27.93% average annual return over the past 5 years, with a $1000 investment growing to $3,509.27.
The article highlights Ferrari's strong performance over the past 5 years, which is likely to instill investor confidence and could lead to a positive short term impact on the stock price. The historical performance data provided is a testament to the company's growth and may attract new investors looking for proven long-term gains.
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